Ontario · Receivership (court-appointed)
Second Report of Receiver – dated October 25, 2019
Court officer report · 25 October 2019
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: e) authorizing and directing the Receiver to make an interim distribution to Rosejack in respect of its secured claim against the Property in the amount of $4,500,000 (the ' Rosejack Distribution ') , and authorizing the Receiver to make any subsequent distributions to Rosejack without further order of the · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · amount low: 4500000 · cumulative: false · amount high: 4500000 · class label: Rosejack · creditor name: Rosejack Investments Ltd. · interim final: interim · conditional on: provided that the aggregate distributions to Rosejack do not exceed the indebtedness owed to it by the Company · claims qualifier: unstated · stated on: 2019-10-25 · table missing: