Saskatchewan · Receivership (court-appointed)
Third Report of the Receiver - DME
Court officer report · 15 September 2022
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What we verified from this filing1 verified
- recovery outcomeentries: basis: unstated · quote: TD Bank holds GSA security in first position (behind the lease creditor interests and CRA priority claim) and will not receive any distributions from the DME assets. · pct of: unstated · outcome: nil · class key: deemed_trust · stated by: receiver · class label: TD Bank (GSA security in first position, behind lease creditor interests and CRA priority claim) · creditor name: TD Bank · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: The CRA deemed trust claim for payroll source deduction arrears of $245,258.05 is to be paid from the Personal Property net sale proceeds. · pct of: unstated · outcome: distribution · class key: deemed_trust · stated by: receiver · amount low: 245258.05 · amount high: 245258.05 · class label: CRA deemed trust claim for payroll source deduction arrears · creditor name: CRA · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: Service Canada has a priority claim for $4,000 for amounts distributed under WEPPA to be paid from the Personal Property net sale proceeds. · pct of: unstated · outcome: distribution · class key: weppa · stated by: receiver · amount low: 4000 · amount high: 4000 · class label: Service Canada priority claim under Section 81.4 of the BIA (WEPPA) · creditor name: Service Canada · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: Kam-Crete Ltd. holds a builder's lien claim for $19,333.60 will be satisfied from the net sales proceeds of the Vacant Lot. · pct of: unstated · outcome: distribution · class key: pmsi_lessor · stated by: receiver · amount low: 19333.6 · amount high: 19333.6 · class label: Kam-Crete Ltd. (builder's lien claim) · creditor name: Kam-Crete Ltd. · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: Affinity holds a secured interest in both classes of assets (second position GSA over the Personal Prot et t rsty rt y t t ts o st p s rty net sale proceeds will be distributed in full to creditors in priority to Affinity resulting in a proposed interim distribution of $470,000 from the Real Property net sales proceeds to Affinity. · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · amount low: 470000 · amount high: 470000 · class label: Affinity (secured interest, second position GSA and mortgage financing) · creditor name: Affinity · interim final: interim · claims qualifier: unstated · stated on: 2022-09-15 · table missing: