Ontario · Receivership (court-appointed)
Motion Record dated April 9, 2026.pdf
Application / notice of application · 9 April 2026
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: Accordingly, Progressive Fund investors have received recoveries of approximately 90% of their invested capital, Yield Fund investors only received their proportionate share of the OSC Distribution, and Insight Fund investors received no distribution. · pct of: unstated · outcome: distribution · pct low: 90 · pct high: 90 · class key: unsecured · stated by: receiver · class label: Progressive Fund investors · interim final: unstated · claims qualifier: unstated; basis: actual · quote: Accordingly, Progressive Fund investors have received recoveries of approximately 90% of their invested capital, Yield Fund investors only received their proportionate share of the OSC Distribution, and Insight Fund investors received no distribution. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: receiver · class label: Yield Fund investors · interim final: unstated · claims qualifier: unstated; basis: actual · quote: Accordingly, Progressive Fund investors have received recoveries of approximately 90% of their invested capital, Yield Fund investors only received their proportionate share of the OSC Distribution, and Insight Fund investors received no distribution. · pct of: unstated · outcome: nil · class key: unsecured · stated by: receiver · class label: Insight Fund investors · interim final: unstated · claims qualifier: unstated · stated on: 2026-04-09 · table missing: