Alberta · Receivership (court-appointed)
First Report of the Receiver and Manager dated September 17, 2015
Court officer report · 17 September 2015
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: unstated · quote: Approval of an interim distribution to Guggenheim in the amount of $1.0 million (the ' Interim Distribution '), and the future distribution of funds to Guggenheim as they become available. · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · amount low: 1000000 · cumulative: false · amount high: 1000000 · class label: Guggenheim (Lenders) · creditor name: Guggenheim · interim final: interim · conditional on: subject to receipt by the Receiver of an acceptable report from McCarthy in respect of security and other interests · claims qualifier: unstated; basis: estimated · quote: It is anticipated that there will be a significant shortfall in satisfying the claims of the secured creditors and, as such, there will be no distribution to the unsecured creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: receiver · class label: unsecured creditors · claims amount: 2900000 · interim final: unstated · claims qualifier: listed · stated on: 2015-09-17 · table missing: