Quebec · Receivership (court-appointed)
Motion for the appointment of Receiver – dated April 5, 2012
Application / notice of application · 5 April 2012
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 filing4 verified
- proceeding typereceivership_court
- statutory basisSection 243 of the Bankruptcy and Insolvency Act
- counselhow: operator-correction · firm: McCarthy Tétrault LLP · corrects: client · for role: applicant · for text: Canadian Imperial Bank of Commerce · firm party id: 8dbd7d8f-b969-4e50-a3cd-ee4c0a2957f2
- recovery outcomeentries: basis: estimated · quote: The Proposed Transaction, along with the Personal Guarantees' Settlement, results in an estimated shortfall of approximately $155,000 for the Bank, the · pct of: unstated · outcome: shortfall · class key: secured · stated by: debtor · class label: the Bank · creditor name: Canadian Imperial Bank of Commerce · interim final: unstated · claims qualifier: unstated · shortfall amount: 155000 · table missing: