Ontario · Receivership (court-appointed)

Motion Record – (Returnable April 29, 2026) – dated April 20, 2026

Application / notice of application · 29 April 2026

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What we verified from this filing1 verified

recovery outcomeentries: basis: actual · quote: The distribution of the Settlement Amount to Proven Creditors amounted to approximately 6.5 cents on the dollar of the Proven Claims. · pct of: proven_claims · outcome: distribution · pct low: 6.5 · pct high: 6.5 · class key: unsecured · stated by: monitor · class label: Proven Creditors · interim final: unstated · cents on dollar: 6.5 · claims qualifier: unstated; basis: estimated · quote: Once this approval is obtained, the Receiver and Monitor will immediately seek approval from the Court to carry out the planned $3 million interim distribution to Proven Creditors of the Company . · pct of: unstated · outcome: distribution · class key: unsecured · stated by: receiver · amount low: 3000000 · cumulative: false · amount high: 3000000 · class label: Proven Creditors · interim final: interim · conditional on: approval of the Barbados Court to distribute OUBT Proceeds · claims qualifier: unstated · stated on: 2026-04-17 · table missing: