Ontario · Receivership (court-appointed)
Motion Record of the Receiver (CV-17-11679-00CL) returnable June 22 2020
Application / notice of application · 17 June 2020
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: actual · quote: The Receiver currently holds sufficient funds in the estate to make a second interim distribution (' Second Interim Distribution ') to the Investors and proposes a distribution in the amount of $1,400,000. · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · amount low: 1400000 · cumulative: false · amount high: 1400000 · class label: Investors in the Syndicated Mortgage · interim final: interim · claims qualifier: unstated; basis: actual · quote: In accordance with the Interim Distribution Oder, the Receiver distributed the aggregate amount of $8,000,000 to the Investors. · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · amount low: 8000000 · cumulative: false · amount high: 8000000 · class label: Investors in the Syndicated Mortgage · interim final: interim · claims qualifier: unstated · stated on: 2020-06-17 · table missing: