Ontario · Winding-up (WURA)
Liquidator's Report - 2005.12.14
Court officer report · 14 December 2005
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: unstated · quote: c) approving and authorizing a third interim distribution of 15% of valid and allowed loss claims (the 'Third Distribution'), bringing total distributions to 65% thereof, as claims are allowed. · pct of: unstated · outcome: distribution · pct low: 15 · pct high: 15 · stated by: liquidator · cumulative: false · class label: policyholders and claimants (loss claims) · interim final: interim · claims qualifier: unstated; basis: actual · quote: This Court further approved a first interim distribution (the 'First Distribution') to policyholders and claimants of 25% of their valid and allowed claims on June 26, 2003. · pct of: unstated · outcome: distribution · pct low: 25 · pct high: 25 · stated by: liquidator · cumulative: false · class label: policyholders and claimants (loss claims) · interim final: interim · claims qualifier: unstated; basis: actual · quote: This Court further approved a second interim distribution (the 'Second Distribution') to policyholders and claimants of a further 25% of their valid and allowed claims, bringing the total distributions to 50% on September 2, 2004. · pct of: unstated · outcome: distribution · pct low: 50 · pct high: 50 · stated by: liquidator · cumulative: true · class label: policyholders and claimants (loss claims) · interim final: interim · claims qualifier: unstated; basis: estimated · quote: Based on the Liquidator's continuing experience with the estate, the Liquidator remains confident that all policyholders will receive full payment on all valid claims. · pct of: unstated · outcome: paid_in_full · stated by: liquidator · class label: all policyholders (valid claims) · interim final: unstated · claims qualifier: unstated · stated on: 2005-12-14 · table missing: