Alberta · Receivership (court-appointed)
Receiver's First Report
Court officer report · 24 March 2016
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What we verified from this filing1 verified
- recovery outcomeentries: basis: estimated · quote: In consultation with the Receiver's counsel, based upon the foregoing security rv Rrt reets et reatt t tts Company and the Inter-Creditor Agreement, the Receiver is seeking court approval to make an interim distribution ("Century Interim Distribution") of the proceeds from the sale of the Chris Mechanical Equipment, net of standard deductions relating to the sale, to Century less an amount to be held back by the Receiver, in its sole discretion, in order to complete remaining administrative tasks in the Receivership Proceedings. · pct of: unstated · outcome: distribution · currency: CAD · class key: secured · stated by: receiver · class label: Century Services LP / Century · creditor name: Century Services LP by its general partner Century Services Inc. · interim final: interim · conditional on: The Century Interim Distribution shall not exceed the total debt owed to Century. · currency quote: all monetary amounts contained herein are expressed in Canadian Dollars · claims qualifier: unstated; basis: estimated · quote: With the WEPPA claims paid out the Receiver calculates that this claim will likely be approximately $33,274 ("Super Priority WEPPA Claim") would fall under section 81.3 (1). · pct of: unstated · outcome: distribution · class key: weppa · stated by: receiver · class label: Super Priority WEPPA Claim · claims amount: 33274 · interim final: unstated · claims qualifier: estimated · stated on: 2016-03-08 · table missing: