British Columbia · Receivership (court-appointed)
First Report of the Receiver
Court officer report · 31 January 2020
A plain-language read of this filing opens with a subscription.
What we verified from this filing3 verified
- purchaserOrion Fund JV Limited and Liberty Metals and Mining Holdings LLC
- recovery outcomeentries: basis: estimated · quote: The Secured Creditors' will suffer a significant shortfall on their secured claim. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: Secured Creditors · creditor name: Orion Fund JV Limited and Liberty Metals and Mining Holdings LLC · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: Accordingly, there will be no funds available for unsecured creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: receiver · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated · stated on: 2019-03-19 · table missing:
- sale outcometext: Credit bid for the Fernando Claim pending Court approval; anticipated completion of the Receivership by end of March 2019 · scope: ancillary · status: pending_approval