Ontario · Receivership (court-appointed)
Supplement to Third Report of the Receiver dated May 23, 2019
Court officer report · 23 May 2019
Also filed as: Supplement to Third Report of the Receiver dated May 23, 2019; Supplement to Third Report of the Receiver dated May 23, 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 filing4 verified
- operational summaryThe receiver reports that all payments under the Mareva settlement agreement have been made following court approval on May 2, 2019, and recommends lifting the Mareva Order, consolidating the Original and Expanded Actions, and amending the Statement of Claim to drop injunctive relief against the Davies defendants.
- recovery outcomeentries: basis: actual · quote: other than Hazelton, which paid its indebtedness in respect of the Hazelton SMI, and Guildwood and Silver Seven, which entered into settlement agreements to pay less than the indebtedness owing in respect of the Guildwood SMI and the Silver Seven SMI · pct of: unstated · outcome: paid_in_full · stated by: receiver · class label: Hazelton SMI · creditor name: Hazelton · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: the Guildwood SMI (the settlement agreement for which treats the Guildwood SMI's indebtedness as having been repaid in full) · pct of: unstated · outcome: paid_in_full · stated by: receiver · class label: Guildwood SMI · creditor name: Guildwood · interim final: unstated · claims qualifier: unstated · stated on: 2019-05-23 · table missing:
- report date23 May 2019
- report noSupplement to Eighteenth Report