Ontario · Receivership (court-appointed)
Application Record – Applicant – Extend Financial Ltd. dated April 8, 2026
Application / notice of application · 8 April 2026
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What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: In the event of either a re-financing or sale of the Real Property, all secured creditors of the Company will after payment in full of the Administrative Fees and Expenses, be paid in full together with interest to the date of payment out of the Proposal Fund prior to making any payments to Preferred Creditors and Ordinary Creditors. · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: trustee · class label: Secured Creditors · interim final: unstated · conditional on: In the event of either a re-financing or sale of the Real Property · claims qualifier: unstated; basis: plan · quote: After payment in full of the Administrative Fees and Expenses and then after payment in ful to the Secured Creditors for the amount outstanding as at the date of payment, the Preferred Creditors shall be paid in full, without interest, the amount of their Proven Claims out of the Proposal Fund prior to making any payments to Ordinary Creditors. · pct of: proven_claims · outcome: paid_in_full · class key: preferred · stated by: trustee · class label: Preferred Creditors · interim final: unstated · claims qualifier: unstated; basis: plan · quote: The Ordinary Creditors with Proven Claims shall be paid in full, from the balance of the Proposal Fund after the payments contemplated in articles 7.2, 7.3, and 7.4. · pct of: proven_claims · outcome: paid_in_full · class key: unsecured · stated by: trustee · class label: Ordinary Creditors · interim final: unstated · claims qualifier: unstated · table missing: