Ontario · CCAA
Second Report of the Receiver dated April 21, 2010
Court officer report · 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 filing5 verified
- lawyerSheryl Seigel
- lawyerSheryl Seigel
- lawyerSheryl Seigel
- lawyerCraig J. Hill
- recovery outcomeentries: basis: estimated · quote: Given the Comerica loans, including the Canadian Customer Participations, will be repaid in full, it is the Receiver's view that it is appropriate to satisfy Paccar's secured claim at this time. · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: receiver · class label: Comerica loans, including the Canadian Customer Participations · creditor name: Comerica · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: $25,773 in satisfaction of Ready Machinery's RSLA Claim, which is secured by a lien against a 1000 Ton Verson 108-72 Press (s/n 25917) ("Press"). · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · amount low: 25773 · amount high: 25773 · class label: Ready Machinery RSLA Claim · creditor name: Ready Machinery & Equipment (Canada) Inc. · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: $45,500 to Paccar in satisfaction of its secured claim against the Company. · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · amount low: 45500 · amount high: 45500 · class label: Paccar secured claim · creditor name: Paccar Leasing · interim final: unstated · claims qualifier: unstated · stated on: 2010-04-21 · table missing: