Ontario · Receivership (court-appointed)

Motion Record of the Receiver returnable April 12, 2023

Application / notice of application · 3 April 2023

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 advised that intercreditor priority disputes are a distribution issue, and that no distribution to secured creditors is being sought at this time. · pct of: unstated · outcome: nil · class key: secured · stated by: receiver · class label: secured creditors · interim final: unstated · conditional on: any priority dispute will need to be either consensually resolved or adjudicated prior to a distribution on account of pre-filing secured indebtedness to those secured creditors · claims qualifier: unstated · stated on: 2023-04-03 · table missing: