Ontario · Receivership (court-appointed)

2552741 Ontario - Trustees Report to Creditors on Preliminary Administration dated September 13, 2024

Court officer report · 13 September 2024

What we verified from this filing5 verified

closing confirmedscope: the Purchased Assets (as defined and set out in the APS) · outcome: completed · effective: 2024-08-23 · purchaser: Dunsire Homes Inc. · date basis: stated · approval order date: 2024-08-16
purchaserDunsire Homes Inc.
recovery outcomeentries: basis: actual · quote: Pursuant to the Distribution Order, KingSett's mortgages were repaid in full from the Purchase Proceeds. · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: trustee · class label: KingSett · creditor name: KingSett Mortgage Corporation · interim final: unstated · claims qualifier: unstated · stated on: 2024-09-13 · table missing:
sale outcometext: Substantially all of the Debtors' Property was sold through the Transaction. · scope: whole_business · status: closed
stalking horseDunsire Homes Inc.