Alberta · Receivership (court-appointed)

Fourteenth Report of the Receiver (October 19, 2022)

Court officer report · 19 October 2022

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What we verified from this filing1 verified

recovery outcomeentries: basis: estimated · quote: After receipt of the proposed final distribution, BDC is expected to suffer a shortfall on its indebtedness and as such, no funds are expected to be available for distribution to any other creditors of 411. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: Business Development Bank of Canada (first-ranking secured creditor of the 411 Property) · creditor name: Business Development Bank of Canada · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: After receipt of the proposed final distribution, BDC is expected to suffer a shortfall on its indebtedness and as such, no funds are expected to be available for distribution to any other creditors of 411. · pct of: unstated · outcome: nil · class key: unsecured · stated by: receiver · class label: other creditors of 411 · interim final: unstated · claims qualifier: unstated · stated on: 2022-10-19 · table missing: