Saskatchewan · Receivership (court-appointed)
Receiver's Third Report
Court officer report · 25 October 2021
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What we verified from this filing6 verified
- cash on handnote: Balance remaining per the Receiver's Final Statement of Receipts and Disbursements ending October 14, 2021. · as at: 2021-10-14 · amount: 194325.61 · currency: CAD
- operational summaryThe Receiver completed the sales of the Elk Ridge Resort Assets and the Under-Developed Lands, made interim distributions to creditors, and is now finalizing administration of the estate, including resolving a CRA trust examination, before seeking its discharge.
- professional feesnote: This is an estimate of future fees to complete administration, not fees already incurred. Legal counsel's fees to complete administration were separately estimated at $3,550 and are included in the total. · party: MNP Ltd. (Receiver) · amount: 7500 · period: to complete the administration of the estate · currency: CAD
- recovery outcomeentries: basis: actual · quote: $245,531.31 to Rural Municipality of Lakeland #521; · pct of: unstated · outcome: distribution · stated by: receiver · amount low: 245531.31 · cumulative: false · amount high: 245531.31 · class label: Rural Municipality of Lakeland #521 · creditor name: Rural Municipality of Lakeland #521 · interim final: unstated · claims qualifier: unstated; basis: actual · quote: $10,811.92 to Elk Ridge Estates Condo Corp.; · pct of: unstated · outcome: distribution · stated by: receiver · amount low: 10811.92 · cumulative: false · amount high: 10811.92 · class label: Elk Ridge Estates Condo Corp. · creditor name: Elk Ridge Estates Condo Corp. · interim final: unstated · claims qualifier: unstated; basis: actual · quote: $127,229.55 to CWB National Leasing Inc.; · pct of: unstated · outcome: distribution · class key: pmsi_lessor · stated by: receiver · amount low: 127229.55 · cumulative: false · amount high: 127229.55 · class label: CWB National Leasing Inc. · creditor name: CWB National Leasing Inc. · interim final: unstated · claims qualifier: unstated; basis: actual · quote: $145,967.22 to Colliers McClocklin Real Estate; · pct of: unstated · outcome: distribution · stated by: receiver · amount low: 145967.22 · cumulative: false · amount high: 145967.22 · class label: Colliers McClocklin Real Estate · creditor name: Colliers McClocklin Real Estate · interim final: unstated · claims qualifier: unstated; basis: actual · quote: $304,357.95 to Conexus Credit Union 2006 as repayment of Receiver's Borrowings; and · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · amount low: 304357.95 · cumulative: false · amount high: 304357.95 · class label: Conexus Credit Union 2006 (Receiver's Borrowings repayment) · creditor name: Conexus Credit Union 2006 · interim final: unstated · claims qualifier: unstated; basis: actual · quote: $5,150,000 to Conexus Credit Union 2006 as partial payment towards the principal secured debt. · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · amount low: 5150000 · cumulative: false · amount high: 5150000 · class label: Conexus Credit Union 2006 (secured debt) · creditor name: Conexus Credit Union 2006 · interim final: interim · claims qualifier: unstated · stated on: 2021-10-25 · table missing:
- report date25 October 2021
- report noThird Report