Alberta · Receivership (court-appointed)
Second Interim report of the Receiver dated April 27, 2017
Court officer report · 27 April 2017
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: actual · quote: As noted previously in this report, interim distributions in the amount of CAN$686,236 and US$349,000 have been made to BMO in respect of its secured claim against the Company. · pct of: unstated · outcome: distribution · currency: CAD · class key: secured · stated by: receiver · amount low: 686236 · cumulative: false · amount high: 686236 · class label: BMO · creditor name: Bank of Montreal · interim final: interim · related party: false · currency quote: CAN$686,236 · claims qualifier: unstated; basis: unstated · quote: Accordingly, there will be no funds available to support a distribution to the Company's unsecured creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: receiver · class label: the Company's unsecured creditors · interim final: unstated · claims qualifier: unstated · stated on: 2017-04-27 · table missing: