Alberta · Receivership (court-appointed)
Fifth Report of the Receiver dated January 7, 2019
Court officer report · 7 January 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 filing2 verified
- secured creditorsnote: Receiver made interim distributions to ATB for benefit of Lenders of $11,461,000 (Nov 27, 2018) and $1,229,282 (Dec 14, 2018); Statement of Receipts & Disbursements records cumulative 'Secured creditor distributions' of $18,790,379 (Nov 16, 2017 to Dec 31, 2018); no aggregate outstanding balance of the Lenders' secured claim is stated on these pages · page: 3 · as of: Receivership Order date (November 16, 2017) · debtor: Questfire Energy Corp. · creditor: ATB Financial, as agent for a syndicate of lenders (ATB and The Toronto-Dominion Bank) · currency: CAD · security: Appointment of receiver was made 'without security' pursuant to s.243(1) BIA and s.13(2) Judicature Act; underlying secured facility amount not stated on these pages
- secured creditorsnote: Repaid in full including legal fees on November 26, 2018 · page: 5 · as of: 2018-11-26 · amount: 6100097.04 · debtor: Questfire Energy Corp. · creditor: Stream's Lender · currency: CAD · security: Not specified on these pages