Ontario · Receivership (court-appointed)
Supplemental Report to the Third Report of the Receiver dated December 12, 2019
Court officer report · 12 December 2019
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: estimated · quote: 18. The Receiver therefore recommends that (a) the amount of the Interim Distribution to be paid to First Source on the closing of the Transaction be set at $3,937,000, representing the principal outstanding of $3,500,000 plus the interest of $437,000 cal at a al a ( a th balance of First Source's claims under its mortgage be scheduled to return on a date in January 2020, in order to permit any interested parties to file such materials in response as they may deem appropriate. · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · amount low: 3937000 · amount high: 3937000 · class label: First Source · creditor name: First Source · interim final: interim · claims qualifier: unstated · stated on: 2019-12-12 · table missing: