Ontario · Receivership (court-appointed)
Motion Record of the Respondent returnable February 7, 2023
Application / notice of application · 7 February 2023
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What we verified from this filing1 verified
- recovery outcomeentries: basis: estimated · quote: will also cause unsecured creditors and shareholders to get nothing. · pct of: unstated · outcome: nil · class key: equity · stated by: debtor · class label: unsecured creditors and shareholders · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: the Receiver now believes all of the Units will need to be sold to repay the secured indebtedness owing by the Company, and that there is likelihood of KingSett suffering a shortfall. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: KingSett · creditor name: KingSett · interim final: unstated · claims qualifier: unstated · table missing: