Ontario · CCAA
Motion Record - Monitor's Thirty Sixth Report
Application / notice of application · 21 May 2021
Also filed as: Motion Record - Monitor's Thirty Sixth Report; Motion Record - Monitor's Thirty Sixth Report; Motion Record - Monitor's Thirty Sixth Report; Motion Record - Monitor's Thirty Sixth Report; Motion Record Monitors Thirty Sixth Report May-21, 2021
What we verified from this filing1 verified
- recovery outcomeentries: basis: estimated · quote: subject to court approval of a settlement of the Monitor's claim regarding certain geothermal proceeds, the Monitor expects to have sufficient cash on hand to pay in full the claims of all construction lien and trust claimants together with interest earned on the cash on hand; · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: monitor · class label: construction lien and trust claimants · interim final: unstated · conditional on: subject to court approval of a settlement of the Monitor's claim regarding certain geothermal proceeds · claims qualifier: unstated; basis: estimated · quote: subject to court approval of a settlement of the Monitor's claim regarding certain geothermal proceeds, the Monitor expects to have sufficient cash on hand to effect a rateable distribution to unsecured creditors on their approved claims, taking into account appropriate reserves for currently disputed claims, secured claims, and future administrative costs; · pct of: unstated · outcome: distribution · class key: unsecured · stated by: monitor · class label: unsecured creditors on their approved claims (Cumberland 2) · interim final: unstated · conditional on: subject to court approval of a settlement of the Monitor's claim regarding certain geothermal proceeds · claims qualifier: unstated; basis: unstated · quote: sufficient proceeds of realization currently exist in the estate of Westside Gallery Lofts Inc. to effect a distribution to creditors of the estate, taking into account appropriate reserves for future administrative costs; · pct of: unstated · outcome: distribution · class key: unsecured · stated by: monitor · class label: creditors of the estate (Westside) · interim final: unstated · claims qualifier: unstated · stated on: 2021-05-21 · table missing: