Ontario · Receivership (court-appointed)
Receiver's 15 th Report - FINAL SIGNED
Court officer report · 17 June 2020
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: actual · quote: Pursuant to the Interim Syndicated Mortgage Distribution Order, the Receiver made an interim distribution in the amount of $8,000,000 to Investors (the ' Interim Distribution '). · pct of: unstated · outcome: distribution · currency: CAD · class key: secured · stated by: receiver · amount low: 8000000 · cumulative: false · amount high: 8000000 · class label: Investors in the Syndicated Mortgage · claims amount: 12505358.51 · creditor name: Investors (Syndicated Mortgage) · interim final: interim · currency quote: all monetary amounts contained in this Fifteenth Report are expressed in Canadian dollars · claims qualifier: unstated; basis: unstated · quote: The Receiver currently holds sufficient funds in the estate to make a second interim distribution (' Second Interim Distribution ') to the Investors and proposes a distribution in the amount of $1,400,000. · pct of: unstated · outcome: distribution · currency: CAD · class key: secured · stated by: receiver · amount low: 1400000 · cumulative: false · amount high: 1400000 · class label: Investors in the Syndicated Mortgage · creditor name: Investors (Syndicated Mortgage) · interim final: interim · currency quote: all monetary amounts contained in this Fifteenth Report are expressed in Canadian dollars · claims qualifier: unstated · stated on: 2020-06-17 · table missing: