Alberta · CCAA
Application (Dissolution and Termination of CCAA Proceedings - Walton Ontario Land Investment 1 Ltd.), filed
Application / notice of application · 6 January 2020
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: actual · quote: WOLLP's unsecured creditors received a full recovery on their claims. · pct of: unstated · outcome: paid_in_full · class key: unsecured · stated by: debtor · class label: WOLLP's unsecured creditors · interim final: unstated · claims qualifier: unstated; basis: actual · quote: Ontario Investment received approximately $427,000 from the Sale Proceeds, and held approximately $85,000 in cash. Those funds were distributed to WIGI RBC in partial satisfaction of its unsecured claim. · pct of: unstated · outcome: shortfall · class key: unsecured · stated by: debtor · class label: WIGI RBC · claims amount: 1200000 · creditor name: WIGI RBC · interim final: unstated · claims qualifier: proven; basis: unstated · quote: The Monitor requires the remainder of the Sale Proceeds to complete its activities with respect to WOLLP and Ontario Land, such that there will be no further recovery for WOLLP's equity holders. · pct of: unstated · outcome: nil · class key: equity · stated by: debtor · class label: WOLLP's equity holders · interim final: unstated · claims qualifier: unstated · table missing: