Ontario · Receivership (court-appointed)
Final Report of the Receiver and Final SR&D
Court officer report · 5 May 2021
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 filing7 verified
- disbursementsnote: Total disbursements including payments to secured creditors and receiver fees · amount: 1301670 · currency: CAD
- operational summaryThe Receiver completed liquidation of the Company's assets, with proceeds paid to the Secured Creditor after court approval, though the secured creditor was not paid in full; this notice constitutes the final report of the Receiver.
- professional feesnote: Line item within final receipts and disbursements statement · party: MNP Ltd. (Receiver) · amount: 58169 · currency: CAD
- receipts cumulativenote: Total receipts from asset realizations per final statement · amount: 1301670 · currency: CAD
- recovery outcomeentries: basis: actual · quote: The secured creditor was not paid in full. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: Secured Party (Business Development Bank of Canada) · creditor name: Business Development Bank of Canada · interim final: unstated · claims qualifier: unstated · stated on: 2021-05-05 · table missing:
- report date5 May 2021
- report noFinal Report of the Receiver