Alberta · Receivership (court-appointed)
Second Report of the Court Appointed Receiver
Court officer report · 7 February 2022
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What we verified from this filing1 verified
- recovery outcomeentries: basis: estimated · quote: The Receiver advised Dr. Akinsipe and her legal counsel, that based on the information available to the Receiver that Dr. Akinsipe had an unsecured claim against the Eaglesmed receivership, and the Receiver did not anticipate any distributions to unsecured creditors as the secured creditors of Eaglesmed are expecting to suffer a significant shortfall. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: secured creditors of Eaglesmed · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: The Receiver advised Dr. Akinsipe and her legal counsel, that based on the information available to the Receiver that Dr. Akinsipe had an unsecured claim against the Eaglesmed receivership, and the Receiver did not anticipate any distributions to unsecured creditors as the secured creditors of Eaglesmed are expecting to suffer a significant shortfall. · pct of: unstated · outcome: nil · class key: unsecured · stated by: receiver · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: There are insufficient funds to settle the Receiver's Borrowings and Receiver's fees; consequently, there will be no funds available for CRA's priority claim at this time. · pct of: unstated · outcome: nil · class key: deemed_trust · stated by: receiver · class label: CRA's priority claim · creditor name: Canada Revenue Agency · interim final: unstated · conditional on: at this time · claims qualifier: unstated; basis: estimated · quote: As a result, the Receiver does not anticipate any distribution will be available to any unsecured creditors of the Debtors in the course of the receivership. · pct of: unstated · outcome: nil · class key: unsecured · stated by: receiver · class label: unsecured creditors of the Debtors · interim final: unstated · claims qualifier: unstated · table missing: