Ontario · Winding-up (WURA)
Motion Record Returnable May 21, 2025
Application / notice of application · 21 May 2025
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What we verified from this filing1 verified
- recovery outcomeentries: basis: actual · quote: distributions to Proven Creditors of the Toronto Branch have resulted in all Proven Claims being settled in full with interest, and the Liquidator is not aware of any outstanding claims in the Toronto Branch estate other than the claim of the GIA filed on behalf of the German Estate · pct of: unstated · outcome: paid_in_full · class key: unsecured · stated by: liquidator · class label: Proven Creditors of the Toronto Branch · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: authorizing and directing the Liquidator to make a partial distribution in the amount of $8.6 million to the GIA (as defined below) of a portion of the estimated surplus of funds, which have been realized by the Liquidator from the liquidation and/or sale of the Assets and the Business of the Toronto Branch (the ' Sixth Interim Distribution ') · pct of: unstated · outcome: distribution · stated by: liquidator · amount low: 8600000 · amount high: 8600000 · class label: GIA (German Insolvency Administrator, on behalf of the German Estate) · creditor name: GIA · interim final: interim · conditional on: approval of the Sixth Interim Distribution · claims qualifier: unstated · stated on: 2025-05-12 · table missing: