Alberta · Receivership (court-appointed)
Filed Application for January 13 2020 Hearing
Application / notice of application · 3 January 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: unstated · quote: the Receiver is hereby authorized to make an interim distribution to ATB on account of funds received, or to be received, in the Mechanical estate, up to a maximum of $1,000,000.00 · pct of: unstated · outcome: distribution · class key: secured · stated by: court · amount low: 1000000 · cumulative: false · amount high: 1000000 · class label: ATB Financial · creditor name: ATB Financial · interim final: interim · table missing: · conditional on: Not made if the Receiver does not receive substantially all of the proceeds outlined in the Second Report · claims qualifier: unstated; basis: unstated · quote: the Receiver is hereby authorized to make an interim distribution to ATB on account of funds received, or to be received, in the Management estate, up toa maximum of $2,750,000.00 · pct of: unstated · outcome: distribution · class key: secured · stated by: court · amount low: 2750000 · cumulative: false · amount high: 2750000 · class label: ATB Financial · creditor name: ATB Financial · interim final: interim · table missing: · conditional on: Not made if the Receiver does not receive substantially all of the proceeds outlined in the Second Report · claims qualifier: unstated · table missing: