Manitoba · Receivership (court-appointed)

First report of the Receiver

Court officer report · 25 October 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

secured creditorsnote: Legal counsel opinion (subject to customary assumptions and qualifications) confirms Sargent Security constitutes a valid and enforceable first charge in favour of First National; no outstanding balance stated in these pages. · page: 4 · debtor: 5684995 Manitoba Ltd. · creditor: First National Financial GP Corporation · currency: CAD · security: First-registered mortgage against the Property, general security agreements against 568, general assignment of rents and leases, and assignment of equipment leases and other contracts relating to the property (the "Sargent Security")