Alberta · CCAA
WDM ON 2022 Annual Report
Court officer report · 31 May 2023
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 filing6 verified
- cash on handnote: Exhibit 1.0 figures appear to be in thousands of dollars (ending cash balance 238); the report's Note 3 states professional fees as $26,000, which matches the exhibit's 26. · as at: 2022-12-31 · amount: 238000 · currency: CAD
- operational summaryWDM Ontario no longer has any business or employees and generates no revenue; it is collecting remaining receivables from other Walton Group members and making pro-rata distributions to proven unsecured creditors.
- professional feesnote: Combined CCAA professional fees; tax treatment not stated. · party: WDM GP's legal counsel, the Monitor, and the Monitor's legal counsel · amount: 26000 · period: January 1, 2022 to December 31, 2022 · currency: CAD
- recovery outcomeentries: basis: actual · quote: In 2022, the Monitor on behalf of WDM Ontario made a fourth distribution to the proven unsecured creditors of WDM Ontario in the amount of $479,000. · pct of: unstated · outcome: distribution · currency: CAD · class key: unsecured · stated by: monitor · amount low: 479000 · cumulative: false · amount high: 479000 · class label: proven unsecured creditors · interim final: unstated · currency quote: All references to dollars are in Canadian currency unless otherwise noted. · claims qualifier: unstated; basis: actual · quote: Later in the Reporting Period, a fifth distribution to the proven unsecured creditors of WDM Ontario was made in the amount of $338,000. · pct of: unstated · outcome: distribution · currency: CAD · class key: unsecured · stated by: monitor · amount low: 338000 · cumulative: false · amount high: 338000 · class label: proven unsecured creditors · interim final: unstated · currency quote: All references to dollars are in Canadian currency unless otherwise noted. · claims qualifier: unstated · stated on: 2023-05-31 · table missing:
- report date31 May 2023
- report no2022 Annual Report