Ontario · Receivership (court-appointed)
Motion Record returnable May 19, 2021
Application / notice of application · 19 May 2021
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What we verified from this filing1 verified
- recovery outcomeentries: basis: estimated · quote: The Receiver is of the view that the Secured Lenders will suffer a material shortfall on their advances to the Company. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: Secured Lenders · creditor name: KW Capital Partners Limited, Plazacorp Investments Limited and Jesse Kaplan · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: k) no creditors are being prejudiced by the Transaction as all parties with registrations on title to the Elite Property, other than the Secured Lenders, are being paid in full on closing 2 ; and · pct of: unstated · outcome: paid_in_full · stated by: receiver · class label: all parties with registrations on title to the Elite Property, other than the Secured Lenders · interim final: unstated · claims qualifier: unstated · stated on: 2021-05-12 · table missing: