Ontario · Winding-up (WURA)
Motion Record - 2018.11.27
Application / notice of application · 27 November 2018
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What we verified from this filing1 verified
- recovery outcomeentries: basis: actual · quote: This Court has approved 6 distributions to policyholders, cumulatively resulting in a total recovery of 100% of the value of their allowed Policy Loss Claims and, where applicable, a distribution of post-liquidation interest at 5% per annum. · pct of: allowed_claims · outcome: paid_in_full · pct low: 100 · pct high: 100 · class key: unsecured · stated by: liquidator · cumulative: true · class label: Policy Loss Claims (policyholders) · interim final: unstated · claims qualifier: unstated; basis: actual · quote: As noted, a distribution of 100% on allowed ordinary creditor claims was also made, pursuant to this Court's Order made December 17, 2008. · pct of: allowed_claims · outcome: paid_in_full · pct low: 100 · pct high: 100 · class key: unsecured · stated by: liquidator · cumulative: false · class label: ordinary creditor claims · interim final: unstated · claims qualifier: unstated; basis: actual · quote: Only one ordinary creditor claim was filed in response to the Call for Ordinary Claims, being a claim of (U.S.) $5,810.87, which was allowed and paid in full. · pct of: unstated · outcome: paid_in_full · currency: USD · class key: unsecured · stated by: liquidator · cumulative: false · class label: ordinary creditor claim (single claimant) · claims amount: 5810.87 · interim final: unstated · currency quote: (U.S.) $5,810.87 · claims qualifier: listed; basis: actual · quote: Additionally, on September 13, 2017, the U.S. Liquidator received its court's approval to increase the total cumulative interim distribution to 80% on eligible claims. · pct of: unstated · outcome: distribution · pct low: 80 · pct high: 80 · stated by: unstated · cumulative: true · class label: eligible claims (Reliance U.S. estate) · interim final: interim · claims qualifier: unstated · stated on: 2018-11-27 · table missing: