Alberta · Receivership (court-appointed)
Application for Approval of Distribution and Discharge by the Receiver
Application / notice of application · 29 July 2024
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What we verified from this filing1 verified
- recovery outcomeentries: basis: estimated · quote: RBC is anticipated to experience a shortfall in repayment of the indebtedness owed to it by the Debtors. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: Royal Bank of Canada, as successor in interest to HSBC Bank Canada · creditor name: Royal Bank of Canada · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: the Receiver facilitated the WEPP, and estimates that total payments under WEPP that take priority to RBC's security pursuant to s. 81.4 of the Bankruptcy and Insolvency Act , RSC 1985, c B-3, will be approximately $15,000 (the ' WEPP Claim '). · pct of: unstated · outcome: distribution · class key: weppa · stated by: receiver · amount low: 15000 · amount high: 15000 · class label: WEPP Claim (Service Canada) · creditor name: Service Canada · interim final: unstated · claims qualifier: unstated · table missing: