Ontario · Receivership (court-appointed)
Fourth Report of Richter Advisory Group Inc. in its capacity as Receiver – dated May 10, 2016
Court officer report · 10 May 2016
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: As the proceeds available from the Transaction will be insufficient to satisfy, in full, Bennett Jones' claim, there will be no funds available to satisfy the claims of other secured creditors with claims ranking subordinate to Bennett Jones or the claims of unsecured creditors. · pct of: unstated · outcome: nil · class key: secured · stated by: receiver · class label: secured creditors with claims ranking subordinate to Bennett Jones · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: As the proceeds available from the Transaction will be insufficient to satisfy, in full, Bennett Jones' claim, there will be no funds available to satisfy the claims of other secured creditors with claims ranking subordinate to Bennett Jones or the claims of unsecured creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: receiver · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: As the proceeds available from the Transaction will be insufficient to satisfy, in full, Bennett Jones' claim, there will be no funds available to satisfy the claims of other secured creditors with claims ranking subordinate to Bennett Jones or the claims of unsecured creditors. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: Bennett Jones · creditor name: Bennett Jones · interim final: unstated · claims qualifier: unstated · stated on: 2016-05-05 · table missing: