British Columbia · Receivership (court-appointed)

Notice of Application to Approve an Interim Distribution (filed Aug 22, 2023)

Application / notice of application · 22 August 2023

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 filing1 verified

recovery outcomeentries: basis: estimated · quote: The Receiver has realized upon the majority of the assets of the Debtors and is of the view that the only claims ranking in priority to the claim of the Senior Secured Lender are the WEPP Claims and the Estimated CRA Deemed Trust Claim, and the Senior Secured Lender will suffer a shortfall. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · cumulative: false · class label: Senior Secured Lender · claims amount: 1700000 · creditor name: Mitsubishi HC Capital Canada Inc. · interim final: unstated · claims qualifier: asserted · stated on: 2023-08-19 · table missing: