Alberta · Receivership (court-appointed)
Third Report of the Receiver
Court officer report · 4 September 2013
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: unstated · quote: As previously reported, 'realizations will be insufficient to repay the claims of the secured creditors in full and there will be no amounts available for unsecured creditors of the Company. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: secured creditors · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: As previously reported, 'realizations will be insufficient to repay the claims of the secured creditors in full and there will be no amounts available for unsecured creditors of the Company. · pct of: unstated · outcome: nil · class key: unsecured · stated by: receiver · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: | Transfer to Bankruptcy Accounts | 1,668 | · pct of: unstated · outcome: distribution · currency: CAD · class key: secured · stated by: receiver · amount low: 1668 · amount high: 1668 · class label: National Bank · creditor name: National Bank · interim final: unstated · conditional on: certain amounts remaining to be paid are based on estimates, therefore in the event that there are residual funds, the Receiver recommends they be distributed to National Bank without further leave of this Honourable Court · currency quote: Unless otherwise stated, all monetary amounts contained herein are expressed in Canadian Dollars. · claims qualifier: unstated · stated on: 2014-09-03 · table missing: