Alberta · Receivership (court-appointed)
Fourth Report of the Receiver
Court officer report · undated
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: unstated · quote: Given that it is clear from the Receiver's investigations to date that substantial funds raised from investors have gone to the Base corporations and then into the real properties at issue without adequate documentary support or proof of bona fide consideration, and given that, if any valid security exists, there would be a massive shortfall for investors, it is appropriate and reasonable to authorize the Receiver to list the following properties for sale immediately: · pct of: unstated · outcome: shortfall · class key: unsecured · stated by: court · class label: investors · interim final: unstated · conditional on: if any valid security exists · claims qualifier: unstated · table missing: