Ontario · CCAA
an interim distribution and stay extension Motion Record of Martin Ross Group dated October 21, 2015 for approval of a stay extension
Application / notice of application · 21 October 2015
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
- recovery outcomeentries: basis: actual · quote: | January 14, 2015 | $3,400,000.00 | | RP Holdings Inc. (secured) | · pct of: unstated · outcome: distribution · currency: CAD · class key: secured · stated by: debtor · amount low: 3400000 · cumulative: false · amount high: 3400000 · class label: RP Holdings Inc. (secured) · creditor name: RP Holdings Inc. · interim final: unstated · currency quote: Amount (CDN) · claims qualifier: unstated; basis: actual · quote: | January 14, 2015 | | $1,800,000.00 | Sherfam Inc. (secured) | · pct of: unstated · outcome: distribution · currency: USD · class key: secured · stated by: debtor · amount low: 1800000 · cumulative: false · amount high: 1800000 · class label: Sherfam Inc. (secured) · creditor name: Sherfam Inc. · interim final: unstated · currency quote: Amount (USD) · claims qualifier: unstated; basis: actual · quote: | May 1, 2015 | | $89,995.48 | Sherfam Inc. (secured) | · pct of: unstated · outcome: distribution · currency: USD · class key: secured · stated by: debtor · amount low: 89995.48 · cumulative: false · amount high: 89995.48 · class label: Sherfam Inc. (secured) · creditor name: Sherfam Inc. · interim final: unstated · currency quote: Amount (USD) · claims qualifier: unstated; basis: actual · quote: the Applicant made an interim distribution in the amount of approximately $7,500,000 to those creditors whose claims were allowed by the Monitor, in accordance with the Claims Procedure · pct of: unstated · outcome: distribution · class key: unsecured · stated by: debtor · amount low: 7500000 · cumulative: false · amount high: 7500000 · class label: those creditors whose claims were allowed by the Monitor · interim final: interim · claims qualifier: unstated · stated on: 2015-10-21 · table missing: