Ontario · Receivership (court-appointed)
Motion Record returnable November 27, 2018
Application / notice of application · 27 November 2018
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What we verified from this filing1 verified
- recovery outcomeentries: basis: actual · quote: The July 26, 2016 Order also approved the interim distribution of $4.0 million to WFCU from the net receipts from the sale of units and collection of rents. · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · amount low: 4000000 · cumulative: false · amount high: 4000000 · class label: WFCU · creditor name: WFCU · interim final: interim · claims qualifier: unstated; basis: actual · quote: By order dated November 29, 2016 (the ' November 29, 2016 Order ') Mr. Justice Bondy, among other things, approved the further interim distribution of $2.4 million to WFCU. · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · amount low: 2400000 · cumulative: false · amount high: 2400000 · class label: WFCU · creditor name: WFCU · interim final: interim · claims qualifier: unstated; basis: actual · quote: By order dated September 19, 2017 (the ' September 19, 2017 Order ') Mr. Justice Patterson, among other things, approved the further interim distribution of $1.7 million to WFCU. · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · amount low: 1700000 · cumulative: false · amount high: 1700000 · class label: WFCU · creditor name: WFCU · interim final: interim · claims qualifier: unstated; basis: actual · quote: On May 9, 2018 the Receiver paid $1.7 million to WFCU bringing the total distributed by the Receiver to WFCU, as assignee for 250 Ontario, to $9.8 million. · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · amount low: 9800000 · cumulative: true · amount high: 9800000 · class label: WFCU, as assignee for 250 Ontario · creditor name: WFCU · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: The Receiver wishes to make a further interim distribution of $1,400,000 from those funds. · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · amount low: 1400000 · cumulative: false · amount high: 1400000 · class label: WFCU · creditor name: WFCU · interim final: interim · claims qualifier: unstated · stated on: 2018-11-13 · table missing: