Ontario · CCAA
Motion Record (Phantom Disposal)
Application / notice of application · 29 October 2026
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 filing6 verified
- lawyerChristopher Armstrong
- lawyerErik Axell
- lawyerChristopher Armstrong
- lawyerErik Axell
- lawyerHarinder Singh
- recovery outcomeentries: basis: estimated · quote: The Monitor estimates the LRO Cash Pool available for distribution at $1.904 million, against Proven Lien Claims of $18.253 · pct of: proven_claims · outcome: distribution · pct low: 10.4 · pct high: 10.4 · class key: secured · stated by: monitor · amount low: 1904000 · amount high: 1904000 · class label: holders of Proven Lien Claims (LRO Cash Pool, including Intact in respect of the Intact Subrogated Lien Claim) · claims amount: 18253000 · interim final: unstated · claims qualifier: proven; basis: estimated · quote: | Illustrative Low Recovery | 10.1% | · pct of: unstated · outcome: distribution · pct low: 10.1 · pct high: 10.1 · class key: secured · stated by: monitor · class label: holders of Proven Lien Claims and Unresolved Lien Claims as Filed (LRO Cash Pool, illustrative low recovery) · claims amount: 18860000 · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: the Methodology would pay all of it, approximately $947,000, to Intact (Sixth Report, para. 4.21) · pct of: unstated · outcome: distribution · class key: secured · stated by: monitor · amount low: 947000 · amount high: 947000 · class label: Intact (HWT Cash Pool) · creditor name: Intact Insurance Company · interim final: unstated · conditional on: Proposed Cost Allocation and Distribution Methodology is approved by the Court · claims qualifier: unstated · stated on: 2026-10-29 · table missing: