Ontario · Receivership (court-appointed)

First Report of the Receiver dated April 24, 2013

Court officer report · 24 April 2013

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 filing1 verified

recovery outcomeentries: basis: estimated · quote: Based on the results of a sale process recently carried out by the CPI Group and the interest expressed by the market in the assets of the CPI Group, it is likely that the Lenders will incur a substantial shortfall on their advances under the Credit Agreement. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: Lenders (Bank of America, N.A., as Agent, and syndicate of lenders) · creditor name: Bank of America, N.A. · interim final: unstated · claims qualifier: unstated · table missing: