Alberta · Receivership (court-appointed)
Application for Interim Distribution returnable May 16, 2017 - Filed May 8, 2017.PDF
Application / notice of application · 8 May 2017
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: unstated · quote: permitting the Receiver to make further distributions to Royal Bank of Canada ("RBC") as the Receiver deems appropriate in the circumstances, provided that the total distributions made to RBC shall not exceed $1,971,318.00 without further Order of this Honourable Court; and · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · amount high: 1971318 · class label: Royal Bank of Canada · claims amount: 1971318 · creditor name: Royal Bank of Canada · interim final: unstated · conditional on: provided that the total distributions made to RBC shall not exceed $1,971,318.00 without further Order of this Honourable Court · claims qualifier: asserted · stated on: 2017-05-16 · table missing: approving the distribution of funds as set out in Appendix "B" to the Second Report of the Receiver, substantially in the form attached as Schedule "A" hereto, or on such further and other terms as this Honourable Court may direct;