Alberta · Receivership (court-appointed)
Application by Richter Advisory Group Inc., Court-Appointed Receiver of Graf Canada Ltd, (Interim and Final Distribution, Approval of Fees and Activities, and Discharge of Receiver) – dated December 15, 2016
Application / notice of application · 15 December 2016
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: All priority creditors ranking ahead of BMO Bank have been paid in full. · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: receiver · class label: All priority creditors ranking ahead of BMO Bank · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: BMO will suffer a significant shortfall on the amount owed to it by Graf after realization on all of Graf s assets. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: BMO · creditor name: Bank of Montreal · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: Accordingly, there will be no distribution to Graf s unsecured creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: receiver · class label: Graf's unsecured creditors · interim final: unstated · claims qualifier: unstated · stated on: 2016-12-08 · table missing: