Alberta · Receivership (court-appointed)
Notice and Statement of the Receiver dated October 4, 2013
Notice to creditors · 4 October 2013
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 cannot presently estimate the amount, if any, of any distributions to unsecured creditors. · pct of: unstated · outcome: undetermined · class key: unsecured · stated by: receiver · class label: unsecured creditors · claims amount: 4500000 · interim final: unstated · claims qualifier: listed; basis: unstated · quote: There is no certainty that the recoveries in these proceedings will be sufficient to fully repay the Company's secured creditors and to satisfy any valid ownership claims asserted by customers. · pct of: unstated · outcome: undetermined · class key: secured · stated by: receiver · class label: secured creditors · interim final: unstated · claims qualifier: unstated · stated on: 2013-10-04 · table missing: