Ontario · Receivership (court-appointed)

Trustee's Report to Creditors on Preliminary Administration dated October 15, 2023

Court officer report · 15 October 2023

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What we verified from this filing1 verified

recovery outcomeentries: basis: estimated · quote: As a result, the Trustee does not expect there will be funds available for distribution to On the Mark's creditors in the bankruptcy. · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: On the Mark's creditors · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: Given that the deposit money appears to have been used by or transferred out of On the Mark prior to the Receivership Proceedings and there will be no funds available in the On the Mark estate to reimburse deposits paid, the Trustee recommends that the OTM II Pre-Sale Purchasers submit a claim to Tarion Warranty Corporation ('Tarion') in respect of such deposits. · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: OTM II Pre-Sale Purchasers · interim final: unstated · claims qualifier: unstated · stated on: 2023-10-15 · table missing: