Ontario · Receivership (court-appointed)
Trustee's Report to Creditors on preliminary administration dated December 17, 2020
Court officer report · 17 December 2020
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: unstated · quote: There is presently approximately $105,000 in the Receiver's account and, accordingly, LBC will incur a shortfall on its advances to the Company. · pct of: unstated · outcome: shortfall · class key: secured · stated by: trustee · class label: LBC · creditor name: Laurentian Bank of Canada · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: There will not be any funds available for distribution to the Company's unsecured creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: the Company's unsecured creditors · interim final: unstated · claims qualifier: unstated · stated on: 2020-12-17 · table missing: