Ontario · Receivership (court-appointed)
Application Record dated September 26, 2025
Application / notice of application · 26 September 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 filing8 verified · 1 withheld
- commencement date26 September 2025
- courtSUPERIOR COURT OF JUSTICE
- court file noCV-25-00001741-0000
- provinceONTARIO
- statutory basissection 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
- appointeeKPMG INC.
- appointee roleProposed Receiver
- recovery outcomeentries: basis: estimated · quote: Based on our collateral assessment, the Bank would incur a significant shortfall in a realization scenario. · pct of: unstated · outcome: shortfall · class key: secured · stated by: unstated · amount low: 1574000000 · amount high: 1574000000 · class label: Royal Bank of Canada (Bank) · claims amount: 3924000000 · creditor name: Royal Bank of Canada · interim final: unstated · claims qualifier: unstated · shortfall amount: 2350000000 · table missing:
1 extracted value is withheld: either a trap-shaped field where models produce confident wrong numbers, or an identity value whose quotation could not be found in the document. Withheld values are shown to no one.