Ontario · Receivership (court-appointed)
Second Report to Court of the Receiver dated December 5, 2022
Court officer report · 5 December 2022
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: estimated · quote: the Receiver now believes all of the Units will need to be sold to repay the secured indebtedness owing by the Company, and that there is likelihood of KingSett suffering a shortfall. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: KingSett · creditor name: KingSett · interim final: unstated · claims qualifier: unstated · stated on: 2022-12-05 · table missing: