Ontario · Receivership (court-appointed)
Fifth Report of Richter Advisory Group Inc. in its capacity as Receiver – dated May 31, 2016
Court officer report · 31 May 2016
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: unstated · quote: authorizing and directing the Receiver to make an interim distribution to Bennett Jones in respect of its secured claim against the Property in the amount of $850,000; · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · amount low: 850000 · cumulative: false · amount high: 850000 · class label: Bennett Jones · creditor name: Bennett Jones · interim final: interim · conditional on: Subject to this Court's approval · claims qualifier: unstated; basis: unstated · quote: As the proceeds available from the Transaction will be insufficient to satisfy, in full, Bennett Jones' claim, there will be no funds available to satisfy the claims of other secured creditors with claims ranking subordinate to Bennett Jones or the claims of unsecured creditors. · pct of: unstated · outcome: nil · class key: secured · stated by: receiver · class label: other secured creditors with claims ranking subordinate to Bennett Jones · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: As the proceeds available from the Transaction will be insufficient to satisfy, in full, Bennett Jones' claim, there will be no funds available to satisfy the claims of other secured creditors with claims ranking subordinate to Bennett Jones or the claims of unsecured creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: receiver · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated · stated on: 2016-05-31 · table missing: