Alberta · Receivership (court-appointed)
Receiver's Fourteenth Report
Court officer report · 13 June 2018
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 payments noted above to the Bank Syndicate, Other Secured Creditors and Unsecured Creditors represent a distribution of 100% of the underlying claim amount (and accrued interest for secured creditors). · pct of: unstated · outcome: paid_in_full · pct low: 100 · currency: CAD · pct high: 100 · class key: secured · stated by: receiver · class label: Bank Syndicate · creditor name: Bank Syndicate · interim final: unstated · currency quote: $CAD · claims qualifier: unstated; basis: unstated · quote: The payments noted above to the Bank Syndicate, Other Secured Creditors and Unsecured Creditors represent a distribution of 100% of the underlying claim amount (and accrued interest for secured creditors). · pct of: unstated · outcome: paid_in_full · pct low: 100 · currency: CAD · pct high: 100 · class key: secured · stated by: receiver · class label: Other Secured Creditors · interim final: unstated · currency quote: $CAD · claims qualifier: unstated; basis: unstated · quote: The payments noted above to the Bank Syndicate, Other Secured Creditors and Unsecured Creditors represent a distribution of 100% of the underlying claim amount (and accrued interest for secured creditors). · pct of: unstated · outcome: paid_in_full · pct low: 100 · currency: CAD · pct high: 100 · class key: unsecured · stated by: receiver · class label: Unsecured Creditors · interim final: unstated · currency quote: $CAD · claims qualifier: unstated; basis: actual · quote: | % Recovery of Subordinate Debenture Claim* | 77.68% | · pct of: unstated · outcome: distribution · pct low: 77.68 · currency: CAD · pct high: 77.68 · class key: unsecured · stated by: receiver · class label: Subordinate Debentures · claims amount: 88584758 · creditor name: Twin Butte 6.25% Convertible Unsecured Subordinated Debentures due December 31, 2018 · interim final: unstated · currency quote: $CAD · claims qualifier: unstated; basis: actual · quote: | % Recovery of face value Subordinate Debenture Claim* | 80.96% | · pct of: unstated · outcome: distribution · pct low: 80.96 · currency: CAD · pct high: 80.96 · class key: unsecured · stated by: receiver · class label: Subordinate Debentures (face value) · creditor name: Twin Butte 6.25% Convertible Unsecured Subordinated Debentures due December 31, 2018 · interim final: unstated · currency quote: $CAD · claims qualifier: unstated · stated on: 2018-06-13 · table missing: