Ontario · Receivership (court-appointed)

Supplementary Motion Record Mar 22 21 re Thirteenth Report - VOL 1 OF 2

Application / notice of application · 22 March 2021

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: estimated · quote: I understand from my discussions with the Receiver that there will be a substantial shortfall in the payment of the principal owing to Banwell's unsecured creditors, with recoveries presently expected to be less, and possibly substantially less, than 50% of the principal debt. · pct of: principal · outcome: shortfall · pct low: 50 · pct high: 50 · class key: unsecured · stated by: unstated · class label: Banwell's unsecured creditors · interim final: unstated · claims qualifier: unstated · table missing: