Alberta · Receivership (court-appointed)
Notice of Application – Fourth Interim Distribution Order (dated September 12, 2019)
Application / notice of application · 12 September 2019
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: The Receiver is hereby authorized to make an interim distribution of the full amount of the Ferrier Holdback (inclusive of interest thereon) less $50,000. Such interim distribution shall be made by the Receiver to the National Bank of Canada (NBC) and the Alberta Energy Regulator (AER) in accordance with their Distribution Agreement. · pct of: unstated · outcome: distribution · class key: secured · stated by: court · cumulative: false · class label: National Bank of Canada (NBC) and the Alberta Energy Regulator (AER) · creditor name: National Bank of Canada · interim final: interim · conditional on: distribution of the full amount of the Ferrier Holdback (inclusive of interest) less $50,000, in accordance with their Distribution Agreement · claims qualifier: unstated; basis: actual · quote: The Receiver is hereby authorized to make an interim distribution of the full amount of the Ferrier Holdback (inclusive of interest thereon) less $50,000. Such interim distribution shall be made by the Receiver to the National Bank of Canada (NBC) and the Alberta Energy Regulator (AER) in accordance with their Distribution Agreement. · pct of: unstated · outcome: distribution · class key: secured · stated by: court · cumulative: false · class label: National Bank of Canada (NBC) and the Alberta Energy Regulator (AER) · creditor name: Alberta Energy Regulator · interim final: interim · conditional on: distribution of the full amount of the Ferrier Holdback (inclusive of interest) less $50,000, in accordance with their Distribution Agreement · claims qualifier: unstated · stated on: 2019-10-16 · table missing: