Saskatchewan · Receivership (court-appointed)
Supplemental Report of the Receiver
Court officer report · 28 September 2022
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What we verified from this filing8 verified
- cash on handnote: Balance remaining per Interim Statement of Receipts and Disbursements ending September 28, 2022; Receiver proposes to distribute $191,207.01 leaving a $5,000 accrual. · as at: 2022-09-28 · amount: 196207.01 · currency: CAD
- disbursementsnote: Cumulative total disbursements per Interim Statement of Receipts and Disbursements for the period June 5, 2020 to September 28, 2022. · since: June 5, 2020 · amount: 6906159 · currency: CAD
- operational summaryThe Receiver has completed remaining tax compliance matters with CRA, finalized distributions to secured creditors with certain adjustments from the original sale approval order, and is now seeking Court approval to make a final distribution to Conexus Credit Union 2006 and obtain its discharge.
- professional feesnote: Inclusive of tax; Receiver's Legal Fees of $7,432.56 inclusive of tax also accrued in the same period. · party: Receiver (MNP Ltd.) · amount: 7823.06 · period: Since filing of the Third Report to Court · currency: CAD
- receipts cumulativenote: Cumulative total receipts per Interim Statement of Receipts and Disbursements for the period June 5, 2020 to September 28, 2022. · since: June 5, 2020 · amount: 7102366.01 · currency: CAD
- recovery outcomeentries: basis: unstated · quote: The Receiver proposes to pay the balance of $191,207.01 to Conexus Credit Union 2006 as the primary secured creditor (the current balance in the estate less a $5,000 accrual to address any additional expenses of the estate including removal of remaining books and records). · pct of: unstated · outcome: distribution · currency: CAD · class key: secured · stated by: receiver · amount low: 191207.01 · amount high: 191207.01 · class label: Conexus Credit Union 2006 · creditor name: Conexus Credit Union 2006 · interim final: unstated · currency quote: All references to currency are in Canadian dollars unless otherwise stated. · claims qualifier: unstated; basis: actual · quote: | Interim Distribution Conexus Credit Union 2006 | 5,150,000.00 | | 5,150,000.00 | · pct of: unstated · outcome: distribution · currency: CAD · class key: secured · stated by: receiver · amount low: 5150000 · cumulative: false · amount high: 5150000 · class label: Conexus Credit Union 2006 · creditor name: Conexus Credit Union 2006 · interim final: interim · currency quote: All references to currency are in Canadian dollars unless otherwise stated. · claims qualifier: unstated; basis: actual · quote: | Interim Distribution CWB National Leasing | 127,229.55 | | 127,229.55 | · pct of: unstated · outcome: distribution · currency: CAD · class key: secured · stated by: receiver · amount low: 127229.55 · cumulative: false · amount high: 127229.55 · class label: CWB National Leasing · creditor name: CWB National Leasing · interim final: interim · currency quote: All references to currency are in Canadian dollars unless otherwise stated. · claims qualifier: unstated · stated on: 2022-09-28 · table missing:
- report date28 September 2022
- report noSupplemental Report