Ontario · Receivership (court-appointed)
Supplementary Motion Record - Receiver - BDO Canada Limited - 11-November-2022
Application / notice of application · 11 November 2022
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: actual · quote: The sale transaction for the Property (the ' Sale Transaction ') closed on September 29, 2022 and pursuant to the Administration and Interim Distribution Order, the Receiver has made a final distribution to Vander Kooij and an interim distribution to Prudent in the amounts of $2,187,793.44 and $711,878.41 respectively. · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · amount low: 711878.41 · amount high: 711878.41 · class label: Prudent Excellence Mortgage Investment Corporation (second mortgagee) · creditor name: Prudent Excellence Mortgage Investment Corporation · interim final: interim · claims qualifier: unstated · stated on: 2022-10-07 · table missing: