Ontario · Winding-up (WURA)
Seventeenth Report of the Liquidator dated November 8, 2024
Court officer report · 8 November 2024
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What we verified from this filing1 verified
- recovery outcomeentries: basis: actual · quote: distributions to Proven Creditors of the Toronto Branch have resulted in all Proven Claims being settled in full with interest, and the Liquidator is not aware of any outstanding claims in the Toronto Branch estate other than (i) the CRA Claims, which are provided for via the CRA Reserve; and (ii) the claim of the GIA filed on behalf of the German Estate; · pct of: unstated · outcome: paid_in_full · currency: CAD · class key: unsecured · stated by: liquidator · class label: Proven Creditors of the Toronto Branch · interim final: unstated · currency quote: denominated in Canadian dollars (' CAD ') · claims qualifier: unstated; basis: estimated · quote: The Liquidator is of the view that the proposed Fifth Interim Distribution of approximately $5.0 million is appropriate for the following reasons: · pct of: unstated · outcome: distribution · currency: CAD · stated by: liquidator · amount low: 5 · amount high: 5 · class label: GIA (on behalf of the German Estate) · creditor name: GIA · interim final: interim · conditional on: should the Court approve the proposed Fifth Interim Distribution · currency quote: Amounts in $CAD millions · claims qualifier: unstated · stated on: 2024-11-08 · table missing: