Ontario · Interim receivership
Report to this Honourable Court on the actions of the Interim Receiver since its appointment; and Provide this Honourable Court with EYI' s recommendations regarding the sale of the shares of Coachman Insurance Company
Court officer report · 14 June 2001
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What we verified from this filing10 verified
- proceeding typeinterim_receivership
- statutory basisSECTION 47(1) OF THE BANKRUPTCY AND INSOLVENCY ACT, R.S.C. 1985, c. B-3, and SECTION 101 OF THE COURTS OF JUSTICE ACT R.S.O. 1990, c. C.43
- applicantQueensway Financial Holdings Limited and Queensway Holdings, Inc.
- appointeeErnst & Young Inc.
- appointee roleinterim receiver and as receiver
- commencement date18 May 2001
- courtONTARIO SUPERIOR COURT OF JUSTICE (COMMERCIAL LIST)
- court file no01-CL-4146
- secured creditorsnote: Consent required for asset sales over $200,000; amount of indebtedness not stated in these pages · page: 2 · debtor: Queensway Financial Holdings Limited and Queensway Holdings, Inc. · creditor: Comerica Bank and Trilon Bancorp Inc. (Senior Lenders) · currency: CAD · security: Senior secured lenders holding security over the Property; receiver's certificates and Interim Receiver's Charge rank ahead per Order
- statutory basisSection 47(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3 and Section 101 of the Courts of Justice Act R.S.O. 1990, c. C.43