Ontario · NOI

First Report of the Proposal Trustee dated September 29, 2021

Court officer report · 29 September 2021

A plain-language read of this filing opens with a subscription.

What we verified from this filing2 verified

secured creditorsnote: Primary secured lender; entered into Forbearance Agreement with the Company; amount not stated · page: 4 · debtor: Artex Systems Inc. · creditor: Toronto-Dominion Bank (TD) · currency: CAD · security: security interests over the Company's property (unspecified)
recovery outcomeentries: basis: estimated · quote: As a result, there would be no funds available for the unsecured creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: proposal_trustee · class label: unsecured creditors · interim final: unstated · conditional on: If the Company is not able to continue operating and cannot complete the Manhattan project · claims qualifier: unstated · stated on: 2021-09-29 · table missing: