Ontario · CCAA
Update Report No. 12 dated October 2, 2017
Court officer report · 2 October 2017
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: actual · quote: on September 27, 2017 the Functionary transferred to the secured creditor - the trustee for the Company's series "A" bondholders - Reznik, Paz, Nevo Trusts Ltd (hereinafter - the "Trustee for the Bondholders" ), a sum of NIS 57 million as a first interim distribution, plus NIS 0.5 million provided by the Trustee for the Bondholders as financing for the Functionary for the benefit of these proceedings, from the expenses cushion deposited with the Trustee for the Bondholders. · pct of: unstated · outcome: distribution · class key: secured · stated by: trustee · amount low: 57000000 · cumulative: false · amount high: 57000000 · class label: secured creditor - Trustee for the Company's series "A" bondholders · creditor name: Reznik, Paz, Nevo Trusts Ltd (Trustee for the Bondholders) · interim final: interim · claims qualifier: unstated · stated on: 2017-10-29 · table missing: