Manitoba · Winding-up (provincial)
Fourth Report of the Liquidator .pdf
Court officer report · 27 August 2018
A plain-language read of this filing opens with a subscription.
What we verified from this filing2 verified
- fee scheduleengagements: form: prose · rows: · money: approximate: false · period: kind: unstated · approval: state: unstated · averages: rate: 397 · quote: The average hourly rate charged by the Liquidator in these proceedings is approximately $397 per hour. · currency: · invoices: · firm text: Deloitte Restructuring Inc. · firm quote: Deloitte Restructuring Inc. (' Deloitte ') was appointed as the liquidator · context quote: Deloitte Restructuring Inc., in its capacity as Court Appointed Liquidator of Taylor Bros. Farm Ltd. and Edwin Potato Growers Ltd.
- recovery outcomeentries: basis: actual · quote: The allocation proposed by RLW does not prejudice the other secured creditors, BMO (which will remain paid in full), and Gerald and Martha Wiebe (the Wiebes) (who will have a holdback from the EPG funds, pending a final determination of the quantum of their claim). · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: court · class label: Bank of Montreal · creditor name: Bank of Montreal · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: The total amount owing to RLW is approximately $2,485,000 and if the current distribution schedule of the Liquidator is not reallocated, RLW will suffer a significant shortfall on its secured debt claim against TBF. · pct of: unstated · outcome: shortfall · class key: secured · stated by: court · class label: RLW · creditor name: RLW · interim final: unstated · claims qualifier: unstated · stated on: 2018-08-27 · table missing: The proposed distributions under each of the Scenarios are summarized in the table below: