Alberta · NOI
Application re Motion returnable November 28, 2022
Application / notice of application · 28 November 2022
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What we verified from this filing8 verified
- applicantNILEX INC.
- courtCOURT OF KING’S BENCH OF ALBERTA
- court file no24-2878531
- statutory basissection 50.4(1) of the Bankruptcy and Insolvency Act, RSC 1985, c B-3, as amended
- appointeeKSV Restructuring Inc.
- appointee roleProposal Trustee
- commencement date27 October 2022
- recovery outcomeentries: basis: unstated · quote: The Proposal Trustee is hereby authorized, at such time as it determines appropriate, to make an interim distribution or interim distributions to CIBC from amounts received from the Transaction up to the full amount of the Company's indebtedness to CIBC, as set out in the Second Report, subject to the retention of amounts for any priority claims. · pct of: unstated · outcome: distribution · class key: secured · stated by: court · class label: CIBC · creditor name: CIBC · interim final: interim · conditional on: up to the full amount of the Company's indebtedness to CIBC, subject to the retention of amounts for any priority claims · claims qualifier: unstated · table missing: