Ontario · Receivership (court-appointed)
Trustee's Preliminary Report (100 Colborne et al.) dated July 14, 2022
Court officer report · 14 July 2022
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 filing1 verified
- recovery outcomeentries: basis: estimated · quote: As noted above, the net proceeds from the Receivership Proceedings are expected to be insufficient to repay the Applicants in full. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: the Applicants · creditor name: American General Life Insurance Company, Lexington Insurance Company, and The Variable Annuity Life Insurance Company · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: As a result, it is anticipated that there will be no funds available for distribution to the any other creditors of the Debtors. · pct of: unstated · outcome: nil · stated by: receiver · class label: any other creditors of the Debtors · interim final: unstated · claims qualifier: unstated · table missing: