Ontario · Receivership (court-appointed)
Third Report of Receiver
Court officer report · 21 June 2010
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: Based on the March 31, 2010 Cash Balance of approximately US$4.10 million, before taking into consideration a reserve for ongoing costs of the Segregated Portfolio, approximately US$720,000 is available to be paid to Vontobel as an interim distribution, with US$640,000 relating to the Vontobel Allocation and US$80,000 for the Remaining Shares. · pct of: unstated · outcome: distribution · currency: USD · class key: equity · stated by: receiver · amount low: 720000 · cumulative: false · amount high: 720000 · class label: Vontobel (Remaining Shares and Vontobel Allocation) · creditor name: Vontobel · interim final: interim · conditional on: approval of the Vontobel Settlement; based on March 31, 2010 Cash Balance before reserve for ongoing costs · currency quote: US$720,000 · claims qualifier: unstated · table missing: