Alberta · Receivership (court-appointed)
Application - Returnable July 11, 2016 - Part 3
Application / notice of application · 5 July 2016
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: The Receiver's Statement of Estimated Net Realization and Funds Available for Distribution shows that the Lenders will incur a significant shortfall, and as a result, there will be no remaining funds available for unsecured creditors. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: the Lenders · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: The Receiver's Statement of Estimated Net Realization and Funds Available for Distribution shows that the Lenders will incur a significant shortfall, and as a result, there will be no remaining funds available for unsecured creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: receiver · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated · stated on: 2016-03-08 · table missing: Schedule of Estimated Net Realization and Funds Available for