Alberta · Receivership (court-appointed)
Fourth Report of the Receiver
Court officer report · 25 August 2022
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What we verified from this filing1 verified
- recovery outcomeentries: basis: actual · quote: On August 16, 2022, the Receiver paid the CRA Deemed Trust Claim in full. · pct of: unstated · outcome: paid_in_full · currency: CAD · class key: deemed_trust · stated by: receiver · amount low: 125162 · amount high: 125162 · class label: CRA Deemed Trust Claim · claims amount: 125162 · creditor name: Canada Revenue Agency · interim final: unstated · currency quote: expressed in Canadian dollars · claims qualifier: asserted; basis: actual · quote: in accordance with the Interim Distribution Order, the Receiver made an interim distribution to Halliburton in the amount of $6.4 million (the 'I nterim Distribution '); · pct of: unstated · outcome: distribution · currency: CAD · class key: secured · stated by: receiver · amount low: 6400000 · cumulative: false · amount high: 6400000 · class label: Halliburton (Secured Lender) · creditor name: Halliburton Global Affiliates Holdings B.V. · interim final: interim · currency quote: expressed in Canadian dollars · claims qualifier: unstated; basis: estimated · quote: The Proposed Final Distribution is estimated to be approximately $760,000. · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · amount low: 760000 · cumulative: false · amount high: 760000 · class label: Halliburton (Secured Lender) · creditor name: Halliburton Global Affiliates Holdings B.V. · interim final: final · claims qualifier: unstated; basis: estimated · quote: The total distributions made by the Receiver in repayment of the Secured Indebtedness will be substantially lower than the $28.9 million owed to Halliburton as at the Appointment Date, and accordingly Halliburton will realize a deficiency of approximately $18 million. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · cumulative: true · class label: Halliburton (Secured Lender) · claims amount: 28900000 · creditor name: Halliburton Global Affiliates Holdings B.V. · interim final: unstated · claims qualifier: asserted · shortfall amount: 18000000 · stated on: 2022-08-25 · table missing: