Ontario · Receivership (court-appointed)
Fourth Progress Report of the Joint Administrators - 6/9/2017
Court officer report · 9 June 2017
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: unstated · quote: Therefore, there will be no surplus funds available to TRP's other creditors from the sale of the North and South sites. · pct of: unstated · outcome: nil · stated by: receiver · class label: TRP's other creditors (from sale of North and South sites) · interim final: unstated · claims qualifier: unstated; basis: actual · quote: The Joint Administrators have paid a first interim dividend of 20.1p in the £ totalling £9,854,262 to 647 unsecured creditors, with agreed claims of £49,026,178. · pct of: unstated · outcome: distribution · pct low: 20.1 · pct high: 20.1 · class key: unsecured · stated by: receiver · amount low: 9854262 · cumulative: false · amount high: 9854262 · class label: Unsecured creditors - first interim and equalising dividend · claims amount: 49026178 · interim final: interim · claims qualifier: listed; basis: actual · quote: We obtained approval from the Creditors' Committee to pay a second interim dividend (8 pence in the £) to all unsecured creditors with an agreed claim. · pct of: unstated · outcome: distribution · pct low: 8 · pct high: 8 · class key: unsecured · stated by: receiver · amount low: 3922094 · cumulative: false · amount high: 3922094 · class label: Unsecured creditors - second interim dividend · interim final: interim · claims qualifier: unstated; basis: actual · quote: | Total | 647 | 49,026 | 13,766 | 10 | 13,776 | 28.1 | · pct of: unstated · outcome: distribution · pct low: 28.1 · pct high: 28.1 · class key: unsecured · stated by: receiver · amount low: 13776000 · cumulative: true · amount high: 13776000 · class label: Unsecured creditors - total to date · claims amount: 49026000 · interim final: unstated · claims qualifier: listed; basis: unstated · quote: The quantum and timing of the final dividend is wholly dependent upon final asset realisations and the future costs of the administration process. · pct of: unstated · outcome: undetermined · class key: unsecured · stated by: receiver · class label: Unsecured creditors - final distribution · interim final: final · claims qualifier: unstated · stated on: 2017-06-09 · table missing: