Ontario · Receivership (court-appointed)
Motion Record returnable October 28, 2020
Application / notice of application · 28 October 2020
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What we verified from this filing1 verified
- recovery outcomeentries: basis: unstated · quote: set out the Receiver's proposed interim distributions to BCU totaling approximately $2.64 million (the 'Proposed Interim Distributions'), being comprised of a portion of the sale proceeds generated from Court-approved transactions for the Puccini Property ($1,329,940.40), the Cottage Property ($214,486.35) and, subject to Court approval and completion of the Transaction, the Woodland Property ($1,096,333.80); · pct of: unstated · outcome: distribution · currency: CAD · class key: secured · stated by: receiver · amount low: 2640000 · cumulative: true · amount high: 2640000 · class label: BCU · creditor name: Buduchnist Credit Union Limited · interim final: interim · conditional on: subject to Court approval and completion of the Transaction for the Woodland Property · currency quote: All currency references in this Report are to Canadian dollars. · claims qualifier: unstated · stated on: 2020-10-21 · table missing: