Ontario · Receivership (court-appointed)
Third Report of the Receiver
Court officer report · 8 July 2024
What we verified from this filing1 verified
- recovery outcomeentries: basis: unstated · quote: This represents a shortfall of approximately $7.0 to $8.1 million on TD's secured advances to the Debtors. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · amount low: 7000000 · amount high: 8100000 · class label: TD Bank · creditor name: TD Bank · interim final: unstated · conditional on: depending on how potential priority claims are settled · claims qualifier: unstated; basis: unstated · quote: The Receiver is seeking the Court's approval to make a final distribution to BMO from the funds held by the Receiver with respect to BMO's security over the BMO Unit, outlined herein and in the Security Opinion (the ' BMO Distribution '). · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: receiver · amount low: 976000 · amount high: 976000 · class label: BMO · creditor name: BMO · interim final: final · claims qualifier: unstated · stated on: 2023-12-21 · table missing: