British Columbia · Receivership (court-appointed)
Second Report of the Receiver dated March 24, 2025
Court officer report · 24 March 2025
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What we verified from this filing4 verified · 1 withheld
- recovery outcomeentries: basis: estimated · quote: KingSett, the Debtors' senior secured creditor, who is likely to incur a shortfall on the KingSett Indebtedness, supports the approval of the Stalking Horse APS for the purposes of acting as the Stalking Horse Bid in the Sale Procedure and the Break Fee, and believes that the Purchase Price is appropriate in the circumstances. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: KingSett Indebtedness · creditor name: KingSett Mortgage Corporation · interim final: unstated · claims qualifier: unstated · table missing:
- sale advisorRennie
- sale outcometext: Sale Procedure Order sought approving sale solicitation procedures and stalking horse bid · scope: whole_business · status: process_approved
- stalking horse1419195 B.C. Ltd. (86000000)
1 extracted value is withheld: either a trap-shaped field where models produce confident wrong numbers, or an identity value whose quotation could not be found in the document. Withheld values are shown to no one.