Quebec · Receivership (court-appointed)
Distribution Order in respect of Units 303, 305 and 307 – dated February 4, 2026
Distribution order · 4 February 2026
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 filing2 verified
- presiding officerJustice Michel A. Pinsonnault
- recovery outcomeentries: basis: actual · quote: AUTHORIZES the Receiver to distribute, from the 303 Collected Amount, net of the 303 Mancini Reserve, an amount of $26,258.03 to KingSett as first-ranking secured creditor of the Debtor. · pct of: unstated · outcome: distribution · class key: secured · stated by: court · amount low: 26258.03 · cumulative: false · amount high: 26258.03 · class label: KingSett as first-ranking secured creditor of the Debtor · creditor name: KingSett Mortgage Corporation · interim final: interim · claims qualifier: unstated; basis: actual · quote: AUTHORIZES the Receiver to distribute, from the 305 Collected Amount, net of the 305 Mancini Reserve, an amount of $456,450.27 to KingSett, as first-ranking secured creditor of the Debtor. · pct of: unstated · outcome: distribution · class key: secured · stated by: court · amount low: 456450.27 · cumulative: false · amount high: 456450.27 · class label: KingSett as first-ranking secured creditor of the Debtor · creditor name: KingSett Mortgage Corporation · interim final: interim · claims qualifier: unstated; basis: actual · quote: AUTHORIZES the Receiver to distribute, upon the issuance of the Receiver's certificate in respect of the 307 Transaction, the 307 Collected Amount net of the 307 Mancini Reserve, to KingSett as first-ranking secured creditor of the Debtor, provided that such an amount be limited to $710,360. · pct of: unstated · outcome: distribution · class key: secured · stated by: court · cumulative: false · amount high: 710360 · class label: KingSett as first-ranking secured creditor of the Debtor · creditor name: KingSett Mortgage Corporation · interim final: interim · conditional on: provided that such an amount be limited to $710,360 · claims qualifier: unstated · stated on: 2026-02-04 · table missing: