Ontario · Receivership (court-appointed)
Book of Authorities of the Receiver dated February 19, 2016
Application / notice of application · 19 February 2016
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 filing6 verified
- applicantFIRST SOURCE MORTGAGE CORPORATION
- appointeeCollins Barrow Toronto Limited
- appointee roleReceiver
- courtONTARIO SUPERIOR COURT OF JUSTICE COMMERCIAL LIST
- court file noCV-15-4228-00
- recovery outcomeentries: basis: estimated · quote: The two secured creditors will suffer a shortfall of approximately $50 million. · pct of: unstated · outcome: shortfall · class key: secured · stated by: court · class label: secured creditors (CCFL and the Royal Bank of Canada) · interim final: unstated · claims qualifier: unstated · shortfall amount: 50000000 · table missing: