Ontario · Bankruptcy

Motion Record of the Applicant – dated 2025-04-03

Application / notice of application · 3 April 2025

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

secured creditorsnote: Amount is per Demand Letters dated January 17, 2025 for outstanding principal, interest and fees under the Credit Agreement, plus costs and expenses (including legal fees) and accruing interest; $25.3 million mortgage figure is the registered principal amount, not a balance · page: 6 · as of: 2025-01-17 · amount: 55550733.05 · debtor: El Mocambo Entertainment Inc., El Mocambo Productions Inc., and 2446928 Ontario Inc. (formerly known as Elmorealty Inc.) · creditor: Waygar Capital Inc., as agent for Ninepoint Canadian Senior Debt Master Fund LP · currency: CAD · security: General security agreements from each of the Debtors; charge/mortgage registered in the principal sum of $25.3 million on real property municipally known as 462-464 Spadina Avenue, Toronto, Ontario; PPSA registrations against the Debtors in respect of all collateral other than consumer goods