British Columbia · Receivership (court-appointed)
Notice of Application for approval of Stalking Horse Bid and SISP, filed November 15, 2024
Application / notice of application · 15 November 2024
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What we verified from this filing1 verified
- recovery outcomeentries: basis: estimated · quote: If it closes, the Original Offer will result in a shortfall on the recovery of Jin-Ocean's indebtedness of between approximately $3,400,000 and $3,600,000. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · amount low: 3400000 · amount high: 3600000 · class label: Jin-Ocean (second-ranking mortgagee) · creditor name: Jin-Ocean Mortgage Investment Corporation · interim final: unstated · conditional on: If it closes · claims qualifier: unstated · table missing: