Northwest Territories · Receivership (court-appointed)
Second Report of the Receiver , November 17, 2023
Court officer report · 17 November 2023
Also filed as: Second Report of the Receiver
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: Without disclosing the sales price contemplated in the Arctic Kingdom APS, the Receiver notes that it is anticipating a shortfall to BDIC, such that there is no anticipated to be a distribution to unsecured creditors, therefore the Receiver will not be recommending or conducting a claims process. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: BDIC · creditor name: BDIC · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: Without disclosing the sales price contemplated in the Arctic Kingdom APS, the Receiver notes that it is anticipating a shortfall to BDIC, such that there is no anticipated to be a distribution to unsecured creditors, therefore the Receiver will not be recommending or conducting a claims process. · pct of: unstated · outcome: nil · class key: unsecured · stated by: receiver · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated · table missing: