Ontario · Receivership (court-appointed)

Motion Record

Application / notice of application · 12 August 2025

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: Roynat, as the holder of the first ranking security over the Real Property is the only party with a practical economic interest in the Real Property, supports the Transaction and will suffer a material shortfall on its indebtedness. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: Roynat Inc. · creditor name: Roynat Inc. · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: the Sale Process has the support of Roynat as the senior secured creditor, which, as described below, will suffer a material shortfall on the secured indebtedness owing to it by the Debtors. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: Roynat as senior secured creditor · creditor name: Roynat Inc. · interim final: unstated · claims qualifier: unstated · table missing: