Ontario · Receivership (court-appointed)
Second Supplemental Report to the First Report of the Receiver dated June 27, 2023.PDF
Court officer report · 27 June 2023
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 filing5 verified
- cash on handnote: Refinancing proceeds received and held in escrow by the Receiver pending further order of the Court. · as at: 2023-06-26 · amount: 245000 · currency: CAD
- operational summaryEabametoong is working to complete a refinancing to repay RBC and CRA, has finalized its vehicle lease buyout with Sprucewood, and has arranged with Two Rivers to extend repayment terms on its COVID relief loans while refinancing proceeds are secured.
- professional feesnote: Receiver's counsel has an equal additional accrual of $5,000. · party: Receiver · amount: 5000 · period: additional accrual to conclusion of receivership · currency: CAD
- report date27 June 2023
- report noSecond Supplemental Report to the First Report of the Receiver