Ontario · CCAA
Seventh Report of the Monitor
Court officer report · 3 April 2014
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What we verified from this filing1 verified
- recovery outcomeentries: basis: actual · quote: The Monitor supports the distribution by the Fund to Roseway in the amount of CAD$3,659,412 and US$1,978,603 (together, the "Interim Distribution Amount"). · pct of: unstated · outcome: distribution · currency: CAD · class key: secured · stated by: monitor · class label: Roseway · creditor name: Roseway Capital S.a.r.l · interim final: interim · currency quote: CAD$3,659,412 · claims qualifier: unstated; basis: unstated · quote: Once the Allen-Vanguard Litigation is either finally adjudicated or determined to be limited to the funds held in Escrow, a determination can be made as to whether Allen-Vanguard is an unsecured creditor of the Fund and the Fund can then be in a position to make distributions, if any, to unsecured creditors with proven claims and to shareholders of the Fund after Roseway is paid in full. · pct of: unstated · outcome: undetermined · class key: unsecured · stated by: monitor · class label: unsecured creditors · interim final: unstated · conditional on: Roseway is paid in full and there are, or are likely to be, remaining funds for distribution · claims qualifier: unstated · stated on: 2014-04-03 · table missing: