Ontario · Receivership (court-appointed)
Motion Record of Besco International returnable May 24, 2019
Application / notice of application · 15 May 2019
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: unstated · quote: Yang will receive payment in full of all amounts owing to him and the professional fees and costs arising from the Receivership Proceeding to date will be paid in full. · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: debtor · class label: Yang Mortgage · creditor name: Weichang Yang · interim final: unstated · conditional on: If the stay of proceedings is lifted and Besco completes the redemption of the Yang Mortgage · claims qualifier: unstated; basis: unstated · quote: Yang will receive payment in full of all amounts owing to him and the professional fees and costs arising from the Receivership Proceeding to date will be paid in full. · pct of: unstated · outcome: paid_in_full · stated by: debtor · class label: professional fees and costs arising from the Receivership Proceeding · interim final: unstated · conditional on: If the stay of proceedings is lifted and Besco completes the redemption of the Yang Mortgage · claims qualifier: unstated · table missing: