Alberta · Receivership (court-appointed)
Second Report of the Receiver
Court officer report · 17 October 2012
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What we verified from this filing1 verified
- recovery outcomeentries: basis: actual · quote: k) Interim Distribution - upon completion of the sale of the SW Saskatchewan Properties, the Receiver made an interim distribution to National Bank in the amount of $600,000; and · pct of: unstated · outcome: distribution · currency: CAD · class key: secured · stated by: receiver · amount low: 600000 · cumulative: false · amount high: 600000 · class label: National Bank · creditor name: National Bank of Canada · interim final: interim · currency quote: All references to currency in the Second Report are in Canadian Dollars. · claims qualifier: unstated; basis: estimated · quote: Per the schedule above the Receiver recommends an interim distribution to National Bank in the amount of $2,550,000 ('National Bank Interim Distribution'). · pct of: unstated · outcome: distribution · currency: CAD · class key: secured · stated by: receiver · amount low: 2550000 · cumulative: false · amount high: 2550000 · class label: National Bank · creditor name: National Bank of Canada · interim final: interim · conditional on: Further distributions would only be made to National Bank after addressing the Ensign Lien, Nexen Claim and finalizing all remaining operating and administrative costs · currency quote: All references to currency in the Second Report are in Canadian Dollars. · claims qualifier: unstated · stated on: 2012-10-17 · table missing: