Ontario · Receivership (court-appointed)
Book of Authorities of the Receiver
Application / notice of application · 23 July 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 filing7 verified
- applicantNISSAN CANADA INC.
- appointeeA. Farber & Partners Inc.
- appointee rolereceiver
- courtONTARIO SUPERIOR COURT OF JUSTICE COMMERCIAL LIST
- court file noCV-20-00643578-00CL
- statutory basissection 243(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, C. B-3, as amended and section 101 of the Courts of Justice Act, R.S.O. 1990, C. C.43
- recovery outcomeentries: basis: unstated · quote: The two secured creditors will suffer a shortfall of approximately $50 million. · pct of: unstated · outcome: shortfall · class key: secured · stated by: court · class label: secured creditors (CCFL and Royal Bank of Canada) · creditor name: CCFL and Royal Bank of Canada · interim final: unstated · claims qualifier: unstated · shortfall amount: 50000000 · table missing: