British Columbia · Receivership (court-appointed)
Second Report of the Receiver dated March 18, 2025
Court officer report · 18 March 2025
What we verified from this filing1 verified
- recovery outcomeentries: basis: estimated · quote: The BMO Distribution is estimated to be between $385,000 to $395,000, resulting in a shortfall on the BMO indebtedness of more than $1.7 million. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: BMO · creditor name: Bank of Montreal · interim final: unstated · claims qualifier: unstated · shortfall amount: 1700000; basis: estimated · quote: Given that BMO, the secured creditor, is expected to suffer a shortfall in respect of the BMO Debt, the Receiver has not reviewed the claims of the unsecured creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: receiver · class label: unsecured creditors · claims amount: 2459202 · interim final: unstated · claims qualifier: estimated · stated on: 2025-03-18 · table missing: