Ontario · Interim receivership
Final Report of the Receiver – dated November 5, 2018
Court officer report · 5 November 2018
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: actual · quote: The realizations from the Transaction and other amounts collected during the receivership proceedings will be insufficient to repay, in full, the secured amounts owed by the Company to Bridging. · pct of: unstated · outcome: shortfall · currency: CAD · class key: secured · stated by: receiver · class label: Bridging (Sprott Bridging Income Fund LP) · creditor name: Sprott Bridging Income Fund LP · interim final: unstated · currency quote: $ CAN · claims qualifier: unstated; basis: unstated · quote: Accordingly, there will be no funds available to support a distribution to the Company's unsecured creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: receiver · class label: the Company's unsecured creditors · interim final: unstated · claims qualifier: unstated · table missing: