Ontario · CCAA
1. The purpose of this One Hundred Fiftieth Report of the Monitor (the “One Hundred Fiftieth Report”) is to report to the Court on the Monitor and Canadian Estate’ motion seeking approval of this Court to: a) expand the powers and duties of the Monitor to enable it to transfer funds to and operate bank accounts on behalf of the Canadian Estate in the name of the Monitor in order to continue the administration and wind-down of the Canadian Estate; and b) expand the powers and duties of the Monitor to enable it to transfer funds to and operate a bank account on behalf of the Canadian Estate in the name of the Monitor in order to continue the administration of the wind-up of the Health and Welfare Trust, including making a final distribution therefrom
Court officer report · 5 April 2019
What we verified from this filing1 verified
- recovery outcomeentries: basis: actual · quote: 1 The distribution on account of Pensioner Life to Pensioners is comprised of (i) a distribution of 31.2% and (ii) an effective distribution of 6.8% resulting from the payment of Pensioner Life premiums during 2010. · pct of: unstated · outcome: distribution · pct low: 31.2 · pct high: 31.2 · stated by: monitor · cumulative: false · class label: Pensioner Life to Pensioners · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: The 2019 HWT Distribution is expected to be approximately 1.21% of a beneficiary's participating benefit and would bring the cumulative distribution rate to 39.21%. · pct of: unstated · outcome: distribution · pct low: 1.21 · pct high: 1.21 · stated by: monitor · cumulative: false · class label: HWT beneficiaries (2019 HWT Distribution) · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: The 2019 HWT Distribution is expected to be approximately 1.21% of a beneficiary's participating benefit and would bring the cumulative distribution rate to 39.21%. · pct of: unstated · outcome: distribution · pct low: 39.21 · pct high: 39.21 · stated by: monitor · cumulative: true · class label: HWT beneficiaries (cumulative distribution rate) · interim final: unstated · claims qualifier: unstated · stated on: 2019-04-05 · table missing: