Alberta · Receivership (court-appointed)
Notice of Application – Sale Approval and Vesting Order (Corinthian) (dated January 18, 2019)
Application / notice of application · 18 January 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: The Trustee, in accordance with the is hereby authorized to make an interim distribution to National Bank of Canada in the amount of the net sale proceeds from the sale of certain assets of Corinthian to Tantalus Energy Corporation, less an amount to be determined by the Trustee, in its sole discretion, to be retained in order to cover future costs of administering the estate in these proceedings. · pct of: unstated · outcome: distribution · class key: secured · stated by: court · cumulative: false · class label: National Bank of Canada · creditor name: National Bank of Canada · interim final: interim · conditional on: net sale proceeds of Corinthian's assets to Tantalus, less an amount retained by the Trustee for future costs of administering the estate · claims qualifier: unstated · stated on: 2019-01-18 · table missing: