Alberta · CCAA
Monitor's Fourth Report
Court officer report · 25 August 2016
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
- recovery outcomeentries: basis: actual · quote: In accordance with the Monitor's Third Report and the June 27 Order, the Monitor made an additional $500,000 distribution to the Syndicate. · pct of: unstated · outcome: distribution · currency: USD · class key: secured · stated by: monitor · amount low: 500000 · cumulative: false · amount high: 500000 · class label: Syndicate · creditor name: Bank of Nova Scotia as administrative agent for the Syndicate · interim final: interim · currency quote: Receipts and Disbursements (USD) · claims qualifier: unstated; basis: actual · quote: | Interim distribution to Syndicate | (39,600,000) | · pct of: unstated · outcome: distribution · currency: USD · class key: secured · stated by: monitor · amount low: 39600000 · cumulative: false · amount high: 39600000 · class label: Syndicate · creditor name: Bank of Nova Scotia as administrative agent for the Syndicate · interim final: interim · currency quote: Receipts and Disbursements (USD) · claims qualifier: unstated; basis: unstated · quote: Accordingly, the Monitor is proposing to make a third interim distribution ('Third Interim Distribution') to the Syndicate in the amount of $600,000 pursuant to the Interim Distribution Order granted on May 10, 2016. · pct of: unstated · outcome: distribution · currency: USD · class key: secured · stated by: monitor · amount low: 600000 · cumulative: false · amount high: 600000 · class label: Syndicate · creditor name: Bank of Nova Scotia as administrative agent for the Syndicate · interim final: interim · currency quote: Proposed Third Interim Distribution and Holdbacks (USD) · claims qualifier: unstated · stated on: 2016-08-25 · table missing: