Quebec · Winding-up (provincial)
Second report of the Liquidator (French only) [ ]
Court officer report · 27 May 2022
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing1 verified
- unsecured creditorsnote: Claim split into two parts: (1) deductible obligations of GDI (~$10,848,431, later reduced to $5,500,000 per XL's 2020-11-27 notice of contestation) and (2) reinsurance obligations of DAI (~$10,150,000 after $2,750,000 letter of credit draw). Partially rejected by Liquidator 2020-11-17; contested by XL 2020-11-27. Subsequently settled per Entente described in report. · page: 6 · as of: 2019-08-22 · basis: Preuve de réclamation (proof of claim) filed by XL · amount: 20998430.78 · debtor: Groupe Dessau inc. and related companies · creditor: XL Specialty Insurance Company and XL Insurance Company S.E. (proof of claim) · currency: CAD