Alberta · Receivership (court-appointed)

Second Report of the Receiver

Court officer report · 30 June 2020

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: unstated · quote: The Receiver is currently holding cash of $5,775,907 and is seeking approval to make total interim distributions to the secured creditor in the amount of $5,320,358 after considering monies required to be held back (as outlined above). · pct of: unstated · outcome: distribution · currency: CAD · class key: secured · stated by: receiver · amount low: 5320358 · cumulative: false · amount high: 5320358 · class label: Sandton Senior Secured Debt · claims amount: 28818845.58 · creditor name: Sandton Credit Solutions Master Fund IV, LP · interim final: interim · conditional on: if approved by this Honourable Court · currency quote: $CAD · claims qualifier: unstated · stated on: 2020-06-30 · table missing: