British Columbia · Receivership (court-appointed)

Notice of Application to approve the sales of assets (September 11, 2024)

Application / notice of application · 11 September 2024

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: upon the Receiver assigning the Debtors into bankruptcy, authorizing and directing the Receiver to make an interim distribution to Royal Bank of Canada in the amount up to $8,000,000. · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · cumulative: false · amount high: 8000000 · class label: Royal Bank of Canada · creditor name: Royal Bank of Canada · interim final: interim · related party: false · conditional on: upon the Receiver assigning the Debtors into bankruptcy · claims qualifier: unstated · table missing: