Alberta · CCAA
Monitor’s Tenth Report to Court
Court officer report · 9 August 2013
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: On July 30,2013, an interim distribution of $31.4 million was made to the agent of the Lending Syndicate (the "Agent"), comprising of $4 million from cash on hand held by Poseidon and $27.4 million from a portion of the sales proceeds held in trust by the Monitor's legal counsel. · pct of: unstated · outcome: distribution · currency: CAD · class key: secured · stated by: monitor · amount low: 31400000 · cumulative: false · amount high: 31400000 · class label: Lending Syndicate · creditor name: Lending Syndicate · interim final: interim · currency quote: all monetary amounts noted herein are expressed in Canadian dollars · claims qualifier: unstated · stated on: 2013-08-09 · table missing: