Alberta · CCAA
45. Forty-Fifth Report of the Monitor, filed
Court officer report · 10 December 2019
A plain-language read of this filing opens with a subscription.
What we verified from this filing4 verified
- closing confirmedscope: the Woodhaven LDP · outcome: completed · effective: 2017-11-23 · purchaser: Rohit Communities Inc. · date basis: stated · approval order date: 2017-11-02; scope: the Henley Heights LDP · outcome: completed · effective: 2017-11-24 · purchaser: Henley Heights JV Ltd. · date basis: stated · approval order date: 2017-11-20; scope: the Vita LDP · outcome: completed · effective: 2018-01-10 · purchaser: Strata Crystallina Development Corporation · date basis: stated · approval order date: 2018-01-10; scope: the Ontario Land PDLI · outcome: completed · effective: 2018-10-24 · purchaser: 10987077 Canada Inc. · date basis: stated · approval order date: 2018-10-19; scope: the Alliston Industrial land development project · outcome: completed · effective: 2018-11-26 · purchaser: Roll-Up Corporation · date basis: stated · approval order date: 2018-08-30; scope: the Riverbend Residential land development project · outcome: completed · effective: 2018-11-26 · purchaser: Roll-Up Corporation · date basis: stated · approval order date: 2018-08-30; scope: the Primary Far Sight Lands and the 31.5 Acre Lands · outcome: completed · effective: 2019-11-29 · date basis: stated
- purchaserRohit Communities Inc.; Henley Heights JV Ltd.; Royal West Property Corp.; Strata Crystallina Development Corporation; Roll-Up Corporation; Roll-Up Corporation; 562633 Alberta Ltd.
- recovery outcomeentries: basis: estimated · quote: The Monitor, on behalf of Walton Canadian Land, expects to make a distribution to unsecured creditors of approximately $2.5 million prior to December 31, 2019. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: monitor · amount low: 2500000 · amount high: 2500000 · class label: unsecured creditors (Walton Canadian Land) · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: The Monitor, on behalf of Vita Crystallina, expects to make a distribution to the unsecured creditors of approximately $0.9 million prior to December 31, 2019. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: monitor · class label: unsecured creditors (Vita Crystallina) · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: the Monitor estimates that the unsecured creditors of WAM GP will receive a recovery of approximately 47% on their proven unsecured claims. · pct of: proven_claims · outcome: distribution · pct low: 47 · pct high: 47 · class key: unsecured · stated by: monitor · class label: unsecured creditors of WAM GP · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: WCMI is therefore estimated to receive approximately $72,000 on its unsecured claim against WAM GP; payments to WCMI would be made over the course of the Enhanced Management Entities Forecast Period, given WAM GP's primary asset is an intercompany receivable from WGIL that will be settled pursuant to the Intercorporate Settlement Agreement. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: monitor · amount low: 72000 · amount high: 72000 · class label: WCMI (unsecured claim against WAM GP) · creditor name: WCMI · interim final: unstated · related party: true · claims qualifier: unstated · table missing:
- stalking horseRoll-Up Corporation