Ontario · NOI
Third Report of the Receiver dated August 10, 2018
Court officer report · 10 August 2018
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: All proven creditor claims have been paid in full by the Trustee, together with statutory interest of 5% per annum, as required under Section 143 of the BIA. · pct of: unstated · outcome: paid_in_full · stated by: receiver · class label: All proven creditor claims · claims amount: 17868341 · interim final: unstated · claims qualifier: proven; basis: actual · quote: Pursuant to an order of the Court dated March 1, 2018, the Trustee has made distributions totaling approximately $15.2 million to the Company's shareholders (the 'Shareholders') from the surplus funds in the Company's estate, after the payment of all proven creditor claims, inclusive of interest. · pct of: unstated · outcome: distribution · class key: equity · stated by: receiver · amount low: 15200000 · cumulative: true · amount high: 15200000 · class label: Shareholders · interim final: unstated · claims qualifier: unstated · stated on: 2018-08-10 · table missing: