Quebec · Winding-up (provincial)
Deuxième rapport du liquidateur à la Cour
Court officer report · 2 June 2006 · French
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 filing5 verified
- cash on handnote: Annex A shows 76,994,797 per the custodian, vs 203,819,677 per Norbourg's accounting system. Withdrawals to date total $3,500,000, of which about $650,000 is still held in the Liquidator's bank account. · as at: 2006-03-31 · amount: 76994841 · currency: CAD · qualifier: total value of liquid securities held by the Liquidator for all Funds, before withdrawals by the Interim Administrator and the Liquidator
- disbursementsnote: Withdrawals made by the Interim Administrator and then the Liquidator pursuant to the LVM; about $650,000 still held in the Liquidator's bank account. · amount: 3500000 · currency: CAD
- operational summaryThe Liquidator holds the liquidated assets of the 29 Funds in liquid securities and has validated over 96% of unit-holder confirmations. A distribution method judgment is under advisement, so the Liquidator proposes an interim distribution to unit holders (85% of the minimum entitlement, with a 10% provision retained).
- report date2 June 2006
- report noDeuxième rapport du Liquidateur