Manitoba · Receivership (court-appointed)
Notice of Motion dated June 5, 2025
Application / notice of application · 5 June 2025
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What we verified from this filing7 verified
- counselThompson Dorfman Sweatman LLP
- counselHolloway Thliveris LLP
- counselHill Sokalski Walsh Olson LLP
- counselD'Arcy And Deacon LLP
- counselAde & Lee Law Group LLP
- counselMarr Finlayson Pollock LLP
- recovery outcomeentries: basis: actual · quote: The sum of $10,723,000 in aggregate to the Applicant, in repayment and full satisfaction of the Receiver's borrowings certificates issued pursuant to the terms of the Receivership Order pronounced by the Honourable Mr. Justice Chartier in these proceedings on August 29, 2023 (the 'Receivership Order' ); · pct of: unstated · outcome: paid_in_full · class key: court_charges · stated by: court · amount low: 10723000 · cumulative: true · amount high: 10723000 · class label: Applicant (Peoples Trust Company - Receiver's borrowings) · creditor name: Peoples Trust Company · interim final: unstated · claims qualifier: unstated; basis: actual · quote: An interim distribution to the Applicant in the amount of $600,000; · pct of: unstated · outcome: distribution · class key: secured · stated by: court · amount low: 600000 · cumulative: false · amount high: 600000 · class label: Applicant (Peoples Trust Company - interim distribution) · creditor name: Peoples Trust Company · interim final: interim · claims qualifier: unstated; basis: actual · quote: THIS COURT ORDERS that upon completion of the remaining activities and prior to the filing of the Discharge Certificate (as hereinafter defined) the Receiver is authorized and directed to make a final distribution to the Applicant from the available cash on hand. · pct of: unstated · outcome: distribution · class key: secured · stated by: court · cumulative: false · class label: Applicant (Peoples Trust Company - final distribution) · creditor name: Peoples Trust Company · interim final: final · conditional on: upon completion of the remaining activities and prior to the filing of the Discharge Certificate · claims qualifier: unstated · table missing: