Ontario · CCAA
Motion Record of the Monitor returnable May 24, 2019
Application / notice of application · 17 May 2019
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: unstated · quote: the first mortgagees are paid in full regardless of the allocation methodology; · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: monitor · class label: First Mortgagees (Home Trust Company, 2611809 Ontario Inc.) on the Carrville Properties · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: 2611622 Ontario Inc., which will incur a shortfall · pct of: unstated · outcome: shortfall · class key: secured · stated by: monitor · class label: Second Mortgagees on each of the Carrville Properties (2611622 Ontario Inc.) · creditor name: 2611622 Ontario Inc. · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: 2557725 Ontario Inc., which will incur a shortfall · pct of: unstated · outcome: shortfall · class key: secured · stated by: monitor · class label: Second Mortgagees on each of the Carrville Properties (2557725 Ontario Inc.) · creditor name: 2557725 Ontario Inc. · interim final: unstated · claims qualifier: unstated; basis: actual · quote: As at the date of this Report, sales of substantially all 35 units have closed and all mortgagees of the Birchmount project have been repaid in full. · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: monitor · class label: Mortgagees of the Birchmount project · interim final: unstated · claims qualifier: unstated · stated on: 2019-05-17 · table missing: