Ontario · Winding-up (provincial)
Distribution Order- March 27 2024
Distribution order · 27 March 2024
A plain-language read of this filing opens with a subscription.
What we verified from this filing3 verified
- counselLerners LLP
- presiding officerJustice Steele
- recovery outcomeentries: basis: actual · quote: payment to George in the amount of $934,542 on account of George's shareholder loans to the Companies; · pct of: unstated · outcome: distribution · class key: equity · stated by: court · amount low: 934542 · cumulative: false · amount high: 934542 · class label: George (Principal - shareholder loans) · creditor name: George Vastis · interim final: unstated · related party: true · claims qualifier: unstated; basis: actual · quote: payment to Chris in the amount of $1,001,956 on account of Chris' shareholder loans to the Companies; · pct of: unstated · outcome: distribution · class key: equity · stated by: court · amount low: 1001956 · cumulative: false · amount high: 1001956 · class label: Chris (Principal - shareholder loans) · creditor name: Chris Kommatas · interim final: unstated · related party: true · claims qualifier: unstated; basis: actual · quote: capital dividend payment to each of the Principals in the amount of $31,274,349; and · pct of: unstated · outcome: distribution · class key: equity · stated by: court · amount low: 31274349 · cumulative: false · amount high: 31274349 · class label: Principals (capital dividend) · interim final: unstated · claims qualifier: unstated; basis: actual · quote: non-eligible dividend to each of the Principals in the amount of $17,757,403; · pct of: unstated · outcome: distribution · class key: equity · stated by: court · amount low: 17757403 · cumulative: false · amount high: 17757403 · class label: Principals (non-eligible dividend) · interim final: unstated · claims qualifier: unstated · stated on: 2024-03-27 · table missing: