Ontario · Bankruptcy
Notice to Creditors - Estate of Paul Michael Eustace.pdf
Notice to creditors · 19 December 2006
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What we verified from this filing1 verified
- recovery outcomeentries: basis: estimated · quote: a) a payment of dividends to Eustace's creditors (other than the Receiver) estimated in the amount of $20,000; · pct of: unstated · outcome: distribution · class key: unsecured · stated by: trustee · amount low: 20000 · amount high: 20000 · class label: Eustace's creditors (other than the Receiver) · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: Inasmuch as a dividend in this estate would return more than 99¢ on the dollar of any dividend payment to the Receiver (provided the contemplated waivers are received), it is proposed that an order for directions be sought from this Court to enable the Trustee to defer, or possibly eliminate (should the issue be settled later), the need for a judicial determination of the entitlement of the Receiver to trace the Frozen Funds on behalf of OCF and LP investors, by permitting the Receiver to seek an Order of the District Court (with the consent of the Trustee) authorizing it to take possession of the Frozen Funds and remit to the Trustee sufficient funds to cover: · pct of: unstated · outcome: distribution · pct low: 99 · pct high: 99 · class key: unsecured · stated by: trustee · class label: Receiver · creditor name: Receiver · interim final: unstated · conditional on: provided the contemplated waivers are received · cents on dollar: 99 · claims qualifier: unstated · table missing: