Ontario · Bankruptcy
Supplemental Report to Court to The First Report Of The Trustee
Court officer report · 22 February 2024
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What we verified from this filing4 verified
- operational summaryThe Trustee reports that, after satisfying CRA's deemed trust claim (a minimum of $2,976,308.38), it expects no funds will remain in the estate for secured creditors, including RBC, prior to payment of Trustee and counsel fees.
- recovery outcomeentries: basis: estimated · quote: Based on this and the amounts realized to date and expected to be realized with some certainty, it is the Trustee's calculation that, subsequent to the satisfaction of the Deemed Trust Claim and prior to the payment of any fees of the Trustee, there will be no funds available for payment to any of the Estate's secured creditors, including RBC. · pct of: unstated · outcome: nil · class key: secured · stated by: trustee · class label: secured creditors, including RBC · creditor name: RBC · interim final: unstated · related party: false · conditional on: subsequent to the satisfaction of the Deemed Trust Claim and prior to the payment of any fees of the Trustee · claims qualifier: unstated · stated on: 2024-02-22 · table missing:
- report date22 February 2024
- report noSupplemental First Report