Alberta · CCAA
WDM ON 2021 Annual Report
Court officer report · 31 May 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 filing6 verified
- cash on handnote: Exhibit 1.0 shows ending cash balance of 295 (figures presented in thousands of dollars). · as at: 2021-12-31 · amount: 295000 · currency: CAD
- operational summaryWDM Ontario no longer has any business, employees or revenue; its remaining assets are intercompany receivables from other Walton Group members, which are being collected and distributed to proven unsecured creditors under the Enhancement Order protocol.
- professional feesnote: Combined figure for all three parties; no tax treatment stated. · party: WDM GP's legal counsel, the Monitor and the Monitor's legal counsel (CCAA professional fees) · amount: 39000 · period: January 1, 2021 to December 31, 2021 · currency: CAD
- recovery outcomeentries: basis: actual · quote: In 2021, the Monitor on behalf of WDM Ontario made a second distribution to the proven unsecured creditors of WDM Ontario in the amount of $852,000. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: monitor · amount low: 852000 · cumulative: false · amount high: 852000 · class label: proven unsecured creditors · interim final: unstated · claims qualifier: unstated; basis: actual · quote: Later 2021, a third distribution to the proven unsecured creditors of WDM Ontario was made in the amount of $383,000. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: monitor · amount low: 383000 · cumulative: false · amount high: 383000 · class label: proven unsecured creditors · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: As at the date of this WDM Ontario 2021 Annual Report, the Monitor on behalf of WDM Ontario has elected to undertake a fourth distribution to the proven unsecured creditors of WDM Ontario, in the amount of $426,000 (the ' Forth Distribution '). · pct of: unstated · outcome: distribution · class key: unsecured · stated by: monitor · amount low: 426000 · cumulative: false · amount high: 426000 · class label: proven unsecured creditors · interim final: unstated · claims qualifier: unstated · stated on: 2022-05-31 · table missing:
- report date31 May 2022
- report no2021 Annual Report