Ontario · NOI
Trustee's Report on Preliminary Administration - 10/22/2013
Court officer report · 22 October 2013
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 filing5 verified
- appointeeKPMG Inc.
- appointee roleTrustee
- commencement date2 October 2013
- provinceONTARIO
- recovery outcomeentries: basis: estimated · quote: Given that the Senior Secured Lenders are expected to suffer a significant short fall, the Trustee has not obtained an independent opinion regarding the security granted to the Subordinated Lenders. · pct of: unstated · outcome: shortfall · class key: secured · stated by: trustee · class label: Senior Secured Lenders · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: Accordingly, the Trustee expects there will be no funds available for distribution to unsecured creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated · table missing: