Ontario · Receivership (court-appointed)
Trustee’s Report to the First Meeting of Creditors on preliminary administration – dated August 15, 2014
Court officer report · 15 August 2014
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: estimated · quote: In addition, based on the amounts realized to date from the Company's assets, BMO, the Company's principal secured creditor, will likely suffer a significant shortfall on its security. · pct of: unstated · outcome: shortfall · class key: secured · stated by: trustee · class label: BMO (secured creditor) · creditor name: Bank of Montreal · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: Accordingly, it is unlikely that there will be any monies available to fund a distribution to unsecured creditors of the Company. · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated · table missing: