Ontario · Receivership (court-appointed)
Third Report of the Receiver dated April 20, 2015
Court officer report · 20 April 2015
What we verified from this filing9 verified
- cash on handnote: Total funds on hand across Yonge/Elmwood ($10,443), 79 Sheppard ($3,400) and 1095 ($257,022) receivership accounts as of March 31, 2015. · as at: 2015-03-31 · amount: 276865 · currency: CAD
- closing confirmedscope: Yonge/Elmwood Properties · outcome: completed · purchaser: Carmela Battista · date basis: unstated · approval order date: 2013-11-08; scope: 79 Sheppard · outcome: completed · purchaser: Italo Di Felice · date basis: unstated · approval order date: 2013-11-08
- financial positionnote: Receiver states: '1095 has no debts, obligations or liabilities' and that after satisfying creditors it has no property to distribute among 1095's shareholders. · basis: Receiver's knowledge; 1095 held property as bare trustee · scope: 1095195 Ontario Limited (entity-level) · currency: CAD
- operational summaryThe Receiver has completed sales of the Properties and interim distributions, and is now winding up 1095195 Ontario Limited, reporting that 1095 has no remaining debts or assets to distribute to its shareholders.
- professional feesnote: Includes disbursements and HST. Separate fees also stated for BLG re 1095 ($4,155.24), and for D&P/BLG re Yonge/Elmwood ($8,289.68/$7,580.11) and 79 Sheppard ($2,948.74/$2,520.04). · party: D&P (Receiver) - 1095 receivership · amount: 25094.63 · period: December 18, 2013 to June 2014 · currency: CAD
- purchaserCarmela Battista
- report date20 April 2015
- report noThird Report
- sale outcometext: Sales of the Properties completed with each co-tenant purchasing the interests of the other co-tenants · scope: parcel · status: closed