Ontario · Receivership (court-appointed)
Motion Record of the Receiver (Interim Distribution and Additional Examinations)
Application / notice of application · 22 October 2024
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: unstated · quote: an Order substantially in the form attached at Tab 2 of the Receiver's Motion Record (the ' Interim Distribution Order '), inter alia , authorizing the Receiver to make an interim distribution of proceeds in the amount of $1,500,000 (the ' Interim Distribution ') from the Debtors' funds being held by the Receiver on behalf of the Debtors to MBL Administrative Agent II LLC, as agent (in such capacity, the ' Agent ') for Post Road Specialty Lending Fund II LP (f/k/a Man Bridge Lane Specialty Lending Fund II (US) LP) and Post Road Specialty Lending Fund (UMINN) LP(f/k/a Man Bridge Lane Specialty Lending Fund (UMINN) LP) (together, the ' Lenders '); · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · amount low: 1500000 · cumulative: false · amount high: 1500000 · class label: MBL Administrative Agent II LLC, as agent for the Lenders · creditor name: MBL Administrative Agent II LLC (as agent for Post Road Specialty Lending Fund II LP and Post Road Specialty Lending Fund (UMINN) LP) · interim final: interim · claims qualifier: unstated · stated on: 2024-10-22 · table missing: