Ontario · Court officer
Motion Record Returnable February 24, 2021
Application / notice of application · 24 February 2021
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What we verified from this filing1 verified
- recovery outcomeentries: basis: actual · quote: On July 4, 2017, the Trustee received Court approval to distribute $1,200,000 to Am-Stat Corporation (' Am-Stat Corporation ') based on the its mortgage over vacant lands owned by JKDC. · pct of: unstated · outcome: distribution · class key: secured · stated by: trustee · amount low: 1200000 · cumulative: false · amount high: 1200000 · class label: Am-Stat Corporation · creditor name: Am-Stat Corporation · interim final: unstated · claims qualifier: unstated; basis: actual · quote: Since the date of the Seventeenth Report, the Trustee distributed an additional $5,050,000 to Am-Stat for total distributions to date of $6,250,000. · pct of: unstated · outcome: distribution · class key: secured · stated by: trustee · amount low: 6250000 · cumulative: true · amount high: 6250000 · class label: Am-Stat Corporation · creditor name: Am-Stat Corporation · interim final: unstated · claims qualifier: unstated; basis: actual · quote: On September 29, 2017, the Trustee received Court approval to make interim distributions to Am-Stat of $3,000,000 to and MarshallZehr Group Inc. ('MarshallZehr'), a mortgagee, of $800,000 and to make further distributions to both creditors without approval of the Court when property subject to their respective security had been realized by the Trustee. · pct of: unstated · outcome: distribution · class key: secured · stated by: trustee · amount low: 800000 · cumulative: false · amount high: 800000 · class label: MarshallZehr Group Inc. · creditor name: MarshallZehr Group Inc. · interim final: interim · claims qualifier: unstated; basis: actual · quote: $92,131.59 was paid to LBC on July 5, 2018. · pct of: unstated · outcome: distribution · stated by: trustee · amount low: 92131.59 · cumulative: false · amount high: 92131.59 · class label: LBC · creditor name: LBC · interim final: unstated · claims qualifier: unstated · table missing: