Alberta · CCAA
WAM GP 2023 Annual Report
Court officer report · 31 May 2024
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 filing8 verified
- cash on handnote: Figures presented in the statement of receipts and disbursements appear to be in whole dollars per the table (252, 1,014, 1,034, 254), consistent with amounts described as 'approximately $1.0 million'; treated as stated (not thousands). · as at: 2023-12-31 · amount: 254000 · currency: CAD
- disbursementsnote: Total disbursements for the Reporting Period (January 1, 2023 to December 31, 2023). · since: January 1, 2023 · amount: 1034000 · currency: CAD
- operational summaryWAM GP no longer conducts any business, has no employees, and generates no revenue; its remaining activity is collecting outstanding management fee receivables and distributing proceeds to unsecured creditors under Court-approved protocol.
- professional feesnote: Includes fees of WAM GP's legal counsel, the Monitor, and the Monitor's legal counsel; not broken down individually. · party: WAM GP's legal counsel, the Monitor, and the Monitor's legal counsel · amount: 23000 · period: January 1, 2023 to December 31, 2023 · currency: CAD
- receipts cumulativenote: Total receipts for the Reporting Period (January 1, 2023 to December 31, 2023). · since: January 1, 2023 · amount: 1036000 · currency: CAD
- recovery outcomeentries: basis: actual · quote: In 2023, the Monitor on behalf of WAM GP made a sixth distribution to the proven unsecured creditors of WAM GP in the amount of $1.0 million. · pct of: unstated · outcome: distribution · currency: CAD · class key: unsecured · stated by: monitor · amount low: 1000000 · cumulative: false · amount high: 1000000 · class label: unsecured creditors with proven claims · interim final: unstated · currency quote: All references to dollars are in Canadian currency unless otherwise noted. · claims qualifier: proven · stated on: 2024-05-31 · table missing:
- report date31 May 2024
- report noWAM GP 2023 Annual Report