British Columbia · CCAA
Application Response of the Monitor dated May 4, 2026
Application / notice of application · 4 May 2026
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: estimated · quote: The Second KingSett Loan, however, is anticipated to suffer a shortfall. · pct of: unstated · outcome: shortfall · class key: secured · stated by: monitor · class label: Second KingSett Loan · creditor name: KingSett Mortgage Corporation · interim final: unstated · conditional on: Provided the Purchased Units close as and when intended · claims qualifier: unstated; basis: estimated · quote: No recovery is anticipated for subordinate claims, including claims secured by the Collateral Mortgages and lien claims. · pct of: unstated · outcome: nil · class key: secured · stated by: monitor · class label: subordinate claims, including claims secured by the Collateral Mortgages and lien claims · interim final: unstated · conditional on: Provided the Purchased Units close as and when intended · claims qualifier: unstated · table missing: