Ontario · Receivership (court-appointed)
Motion Record returnable December 7, 2011 – Sixth Report of the Receiver (without appendices)
Application / notice of application · 7 December 2011
A plain-language read of this filing opens with a subscription.
What we verified from this filing8 verified
- applicantBANK OF MONTREAL
- courtSUPERIOR COURT OF JUSTICE COMMERCIAL LIST
- court file noCV-10-8556-00CL
- provinceONTARIO
- statutory basissubsection 243(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended and section 101 of the Courts of Justice Act, R.S.O. 1990, c. C.43, as amended
- appointeeDeloitte & Touche Inc.
- appointee roleReceiver
- recovery outcomeentries: basis: unstated · quote: As the Bank has suffered a shortfall of almost $9 million on its secured debt, there will not be any funds available for distribution to the Companies' unsecured creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: receiver · class label: the Companies' unsecured creditors · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: As the Bank has suffered a shortfall of almost $9 million on its secured debt, there will not be any funds available for distribution to the Companies' unsecured creditors. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: the Bank · creditor name: Bank of Montreal · interim final: unstated · claims qualifier: unstated · shortfall amount: 9000000 · table missing: