Ontario · Arrangement
Report of the Liquidator dated May 1, 2008
Court officer report · 1 May 2008
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 filing4 verified
- courtSUPERIOR COURT OF JUSTICE (COMMERCIAL LIST)
- court file no99-CL-3514
- commencement date23 November 1999
- recovery outcomeentries: basis: actual · quote: THIS COURT ORDERS that, subject to the provisions of Paragraph 4 of this Order, the Liquidator be and is hereby authorized and directed to issue an eighth interim distribution to the Class I Creditors in the amount of two cents on the dollar on account of their Class I Distribution Claims (the "Eighth Distribution"), · pct of: unstated · outcome: distribution · pct low: 2 · pct high: 2 · class key: unsecured · stated by: court · cumulative: false · class label: Class I Creditors · interim final: interim · cents on dollar: 2 · claims qualifier: unstated; basis: actual · quote: To date, RSM Richter Inc. in its capacity as Liquidator of certain assets of Eaton's (the "Uquidator"), has issued seven dividends (the "Previous Dividends") totaling approximately $115 million and representing 50% of Class 1 Creditor claims. · pct of: unstated · outcome: distribution · pct low: 50 · pct high: 50 · class key: unsecured · stated by: liquidator · amount low: 115000000 · cumulative: true · amount high: 115000000 · class label: Class I Creditors · interim final: unstated · claims qualifier: unstated · pct of corrected: proven_claims · stated on: 2006-12-22 · table missing: