Alberta · CCAA
Walton Asset Management GP Ltd. - 2019 Annual Report
Court officer report · 1 June 2020
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 filing4 verified
- cash on handnote: Statement of receipts and disbursements is presented in thousands (opening balance 730, ending balance 210); ending cash balance at Dec. 31, 2019 shown as 210. · as at: 2019-12-31 · amount: 210000 · currency: CAD
- operational summaryWAM GP no longer has any business or employees and generates no revenue; its remaining assets are management-fee receivables from other Walton Group members, which the Monitor is working to monetize.
- professional feesnote: CCAA professional fees of 20 (in thousands) in the Reporting Period. Separately, WAM GP reimbursed $528,000 of CCAA fees to other Walton CCAA Applicants under the CCAA fee reallocation approved April 18, 2019. · party: WAM GP's legal counsel, the Monitor and the Monitor's legal counsel · amount: 20000 · period: January 1, 2019 to December 31, 2019 · currency: CAD
- report date31 May 2020