Ontario · Receivership (court-appointed)
Motion Record (including Seventh Report of the Receiver) returnable April 30, 2010
Application / notice of application · 21 April 2010
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 filing1 verified
- recovery outcomeentries: basis: actual · quote: The Receiver has made distributions to the secured creditors of EnerNorth totalling $1,196,594 in accordance with an Order of the Court made March 26, 2008. · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · amount low: 1196594 · cumulative: true · amount high: 1196594 · class label: secured creditors of EnerNorth · interim final: unstated · claims qualifier: unstated; basis: actual · quote: The Receiver issued payment to the creditors of Great Northern on account of their claims in full. · pct of: unstated · outcome: paid_in_full · class key: unsecured · stated by: receiver · class label: creditors of Great Northern · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: Accordingly, Ôakwell will not receive 90% of the cash amount to be distributed to unsecured creditors but approximately 80%. · pct of: unstated · outcome: distribution · pct low: 80 · pct high: 80 · class key: unsecured · stated by: receiver · class label: Oakwell Engineering Limited · claims amount: 6800000 · creditor name: Oakwell Engineering Limited · interim final: unstated · conditional on: reduction of approximately $2.8 million against Oakwell's dividend distribution due to KGPL purchase price · claims qualifier: proven · stated on: 2010-04-21 · table missing: