Alberta · CCAA
Walton Development and Management GP Ltd. - 2019 Annual Report
Court officer report · 1 June 2020
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
- cash on handnote: Ending cash balance per Exhibit 1.0, stated in $CAD '000s as 1,714; opening balance at January 1, 2019 was 1,773 (thousands). · as at: 2019-12-31 · amount: 1714000 · currency: CAD
- operational summaryWDM GP no longer has any business, employees or revenue; its remaining assets are pre-assignment management fee receivables from other Walton Group members, which the Monitor is working to collect and monetize for distribution to unsecured creditors.
- professional feesnote: Stated as a combined figure for the three parties; the report does not state whether it excludes tax. Separately, $186,000 of CCAA fees was reimbursed to other Walton CCAA Applicants under the CCAA fee reallocation approved April 18, 2019. · party: WDM GP's legal counsel, the Monitor and the Monitor's legal counsel · amount: 17000 · period: January 1, 2019 to December 31, 2019 · currency: CAD
- report date31 May 2020
- report no2019 Annual Report