Ontario · Receivership (court-appointed)
First Interim Report of Receiver – dated October 13, 2020
Court officer report · 13 October 2020
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What we verified from this filing1 verified
- recovery outcomeentries: basis: unstated · quote: The realizations from the sale of the Property will be insufficient to pay, in full, the secured claim of Rosejack. Accordingly, there are no funds available to support a distribution to the Company's unsecured creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: receiver · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated; basis: actual · quote: As of February 2, 2020, interim distributions totaling $4.5 million were made to Rosejack in respect of its secured claim against the Property. · pct of: unstated · outcome: shortfall · currency: CAD · class key: secured · stated by: receiver · amount low: 4500000 · cumulative: true · amount high: 4500000 · class label: Rosejack (secured claim) · creditor name: Rosejack Investments Ltd. · interim final: interim · currency quote: all amounts in this interim report are presented in Canadian dollars · claims qualifier: unstated · stated on: 2020-02-02 · table missing: