Ontario · Receivership (court-appointed)
Third Progress Report of the Joint Liquidators - 6/3/2021
Court officer report · 3 June 2021
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: actual · quote: The sites were sold to TRG for £800,000 and the sales proceeds, net of costs, were distributed to the Pension scheme. · pct of: unstated · outcome: distribution · class key: secured · stated by: liquidator · class label: Pension Scheme (secured creditors) · creditor name: Pension Scheme · interim final: unstated · claims qualifier: unstated; basis: actual · quote: Preferential creditors were repaid in full during the Administration. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: liquidator · class label: Preferential creditors · interim final: unstated · claims qualifier: unstated; basis: actual · quote: A dividend to unsecured creditors of 6.71p in the £ was paid during the period, taking total distributions to unsecured creditors to 34.81p in the £. · pct of: unstated · outcome: distribution · pct low: 6.71 · pct high: 6.71 · class key: unsecured · stated by: liquidator · cumulative: false · class label: Unsecured creditors · interim final: unstated · claims qualifier: unstated; basis: actual · quote: We paid a dividend of 6.71p in the £ during the period taking total dividends paid to 34.81p in the £. · pct of: unstated · outcome: distribution · pct low: 34.81 · pct high: 34.81 · class key: unsecured · stated by: liquidator · cumulative: true · class label: Unsecured creditors · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: We expect to pay a final dividend to unsecured creditors once the costs of liquidation have been finalised and paid, and clearance from HMRC has been received. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: liquidator · cumulative: false · class label: Unsecured creditors · interim final: final · conditional on: once the costs of liquidation have been finalised and paid, and clearance from HMRC has been received · claims qualifier: unstated · stated on: 2021-06-03 · table missing: