Alberta · Receivership (court-appointed)
Receiver's Third Report dated May 30, 2024
Court officer report · 30 May 2024
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What we verified from this filing1 verified
- recovery outcomeentries: basis: actual · quote: issuing the Proposed Interim Distribution to the City in the amount of approximately $3.46 million; · pct of: unstated · outcome: distribution · currency: CAD · class key: secured · stated by: receiver · amount low: 3460000 · cumulative: false · amount high: 3460000 · class label: City of Calgary · creditor name: City of Calgary · interim final: interim · currency quote: All references to dollars are in Canadian currency unless otherwise noted. · claims qualifier: unstated; basis: estimated · quote: By combining the amount distributed to date, funds in trust and outstanding BAHS Mortgages (less completed foreclosures), the Receiver estimates a shortfall of approximately $231,340. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: City of Calgary · creditor name: City of Calgary · interim final: unstated · conditional on: This assumes that all outstanding BAHS Mortgage balances are collected in full · claims qualifier: unstated · shortfall amount: 231340 · stated on: 2024-05-30 · table missing: