British Columbia · Receivership (court-appointed)
Notice of Application of Receiver for order authorizing interim distribution to Industrial Alliance – filed Jul 30, 2020
Application / notice of application · 30 July 2020
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 Receiver is hereby authorized and directed to pay from the funds in its possession the sum of $12,000,000 to Industrial Alliance Insurance and Financial Services Inc., by way of an interim distribution. · pct of: unstated · outcome: distribution · class key: secured · stated by: court · amount low: 12000000 · amount high: 12000000 · class label: Industrial Alliance Insurance and Financial Services Inc. · creditor name: Industrial Alliance Insurance and Financial Services Inc. · interim final: interim · claims qualifier: unstated · stated on: 2020-07-30 · table missing: