Receivership (court-appointed)
Fourth Report of the Receiver dated May 21, 2019
Court officer report · 21 May 2019
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: actual · quote: Although the Purchaser assumed as part of the Transaction a portion of the secured debt owing to IQ, IQ incurred a substantial shortfall on its advances to the Company. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: IQ · creditor name: Investissement Québec · interim final: unstated · claims qualifier: unstated; basis: actual · quote: The proceeds generated during these proceedings were sufficient to repay in full the Company's obligation of approximately US$16 million owing to its DIP lender, Hale Capital Partners L.P. · pct of: unstated · outcome: paid_in_full · currency: USD · class key: secured · stated by: receiver · class label: DIP lender, Hale Capital Partners L.P. · creditor name: Hale Capital Partners L.P. · interim final: unstated · currency quote: US$16 million · claims qualifier: unstated · stated on: 2019-05-21 · table missing: