Ontario · Receivership (court-appointed)
Final Statement of the Receiver
Court officer report · 18 September 2020
Also filed as: Final Statement of the Receiver
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: actual · quote: The Receiver has paid to Vector Financial Services Limited (' Vector ') (i) $15,473 representing repayment of the amount advanced to the Receiver by Vector plus interest thereon; and (ii) $6,212,103, representing the amount owed to Vector pursuant to its security over the Properties. · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: receiver · amount low: 6212103 · amount high: 6212103 · class label: Vector Financial Services Limited · creditor name: Vector Financial Services Limited · interim final: unstated · claims qualifier: unstated; basis: actual · quote: The Receiver has also distributed an additional $261,825 to subordinate secured lenders, in accordance with the agreed allocation set out in the Receiver's Second Report to the Court dated September 27, 2021 (the' Second Report '). · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · amount low: 261825 · amount high: 261825 · class label: subordinate secured lenders · interim final: unstated · claims qualifier: unstated; basis: actual · quote: No funds are available for distribution to creditors other than the secured creditors referenced in the Second Report. · pct of: unstated · outcome: nil · class key: secured · stated by: receiver · class label: creditors other than the secured creditors referenced in the Second Report · interim final: unstated · claims qualifier: unstated · stated on: 2021-11-17 · table missing: