Alberta · CCAA
Monitor's Twenty-Fourth Report
Court officer report · 17 October 2016
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: actual · quote: Approximately 1,654 Eligible Affected Creditors were paid in full by the Convenience Payments. · pct of: unstated · outcome: paid_in_full · class key: unsecured · stated by: monitor · class label: Eligible Affected Creditors · interim final: unstated · claims qualifier: unstated; basis: actual · quote: Pursuant to the Initial Cash Distributions and taking into account payments made pursuant to the Emergency Fund, Remaining Affected Creditors have received distributions totalling approximately 12% of their proven claims after deducting the Convenience Payments. · pct of: proven_claims · outcome: distribution · pct low: 12 · pct high: 12 · class key: unsecured · stated by: monitor · cumulative: true · class label: Remaining Affected Creditors · interim final: unstated · claims qualifier: unstated; basis: actual · quote: DIL Depositors have received distributions totalling approximately 61% of their original investments as recorded in DIL's books and records on the Filing Date. · pct of: unstated · outcome: distribution · pct low: 61 · pct high: 61 · class key: unsecured · stated by: monitor · cumulative: true · class label: DIL Depositors · interim final: unstated · claims qualifier: unstated; basis: actual · quote: A loan due to the District from King of Kings was considered as paid in full upon the sale of the King of Kings Property; and · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: monitor · class label: loan due to the District from King of Kings · creditor name: King of Kings · interim final: unstated · claims qualifier: unstated; basis: actual · quote: The Concordia Claim was settled such that the Concordia Interest was transferred to Concordia upon the corresponding loan (the 'Concordia Loan') being paid in full following information being provided to suggest that the value of the Concordia Interest was not significantly in excess of the value of the Concordia Loan. · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: monitor · class label: Concordia Loan · creditor name: Concordia Lutheran Church · interim final: unstated · claims qualifier: unstated · stated on: 2016-10-17 · table missing: