Ontario · Receivership (court-appointed)

Motion Record Returnable November 14, 2018

Application / notice of application · 22 October 2018

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 Senior Lenders will incur a substantial shortfall on their advances to the Company and, accordingly, there will not be any funds available for distribution to the Company' s other creditors. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: Senior Lenders · creditor name: Comerica Bank and Export Development Canada · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: The Senior Lenders will incur a substantial shortfall on their advances to the Company and, accordingly, there will not be any funds available for distribution to the Company' s other creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: receiver · class label: Company's other creditors · interim final: unstated · claims qualifier: unstated · stated on: 2018-10-22 · table missing: