Ontario · Winding-up (WURA)

Notice of Motion - 2004.08.25

Application / notice of application · 25 August 2004

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 filing2 verified

counselGoodmans LLP
recovery outcomeentries: basis: actual · quote: THIS COURT ORDERS that the Liquidator is hereby authorized to pay a second interim distribution from the estate of Reliance (Canada) in the amount of 25% of valid and allowed policyholder loss claims, where, and to the extent that, such amount combined with the amount of payment by way of the first interim distribution exceeds the payments authorized by either paragraph 8 of the Order of this Court dated December 3, 2001 inter alia appointing the Liquidator or paragraph 4 hereinabove. · pct of: unstated · outcome: distribution · pct low: 25 · pct high: 25 · class key: unsecured · stated by: court · cumulative: false · class label: policyholders and claimants · interim final: interim · claims qualifier: unstated; basis: unstated · quote: (d) approving and authorizing a second interim distribution to policyholders and claimants of 25% of their valid and allowed loss claims, bringing total distributions to 50% thereof. · pct of: unstated · outcome: distribution · pct low: 25 · pct high: 25 · class key: unsecured · stated by: debtor · cumulative: true · class label: policyholders and claimants · interim final: interim · claims qualifier: unstated · stated on: 2004-08-25 · table missing: