Alberta · Receivership (court-appointed)
Notice of Application of Receiver for Discharge
Application / notice of application · 23 April 2019
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What we verified from this filing1 verified
- recovery outcomeentries: basis: unstated · quote: (a) a Second Interim Distribution of up to $2.4 million made to ATB with a corresponding holdback of approximately $233,592 (the "Holdback") to be retained by the Receiver on account of the remaining costs to complete the administration of the receivership and to account for any claims which may have priority over the claims of ATB; and · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · cumulative: false · amount high: 2400000 · class label: ATB · creditor name: ATB Financial · interim final: interim · related party: false · claims qualifier: unstated; basis: unstated · quote: (b) a Final Distribution to ATB consisting of any residual funds that may remain from the Holdback in the event that the Receiver assigns IVlustang into bankruptcy and upon the completion of the receivership proceedings. · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · cumulative: false · class label: ATB · creditor name: ATB Financial · interim final: final · related party: false · conditional on: residual funds remaining from the Holdback in the event that the Receiver assigns Mustang into bankruptcy and upon completion of the receivership proceedings · claims qualifier: unstated · table missing: