Ontario · Receivership (court-appointed)
Second Report to Court dated December 18, 2015 (Exhibits in Motion Record)
Court officer report · 18 December 2015
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What we verified from this filing1 verified
- recovery outcomeentries: basis: estimated · quote: As a result, it is the Receiver's opinion that HSBC is entitled to all of the net proceeds from the Vaughan Property and will suffer a shortfall under its Collateral Charge after receiving payment. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: HSBC (secured creditor - Collateral Charge on Vaughan Property) · creditor name: HSBC Bank Canada · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: The result is that no recoveries are expected to be available for NTI's unsecured creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: receiver · class label: Unsecured creditors of NTI · interim final: unstated · claims qualifier: unstated · stated on: 2015-12-18 · table missing: