Ontario · Bankruptcy
Motion Record of Rep Counsel returnable July 3, 2020
Application / notice of application · 30 June 2020
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: actual · quote: Over the next few years, the Trustee realized on the known assets of Dylex and ultimately paid out a total distribution to creditors of approximately 75 cents on the dollar of creditors' claims. · pct of: unstated · outcome: distribution · pct low: 75 · pct high: 75 · class key: unsecured · stated by: trustee · cumulative: true · class label: creditors of Dylex · interim final: unstated · cents on dollar: 75 · claims qualifier: unstated; basis: actual · quote: The total amount of the proven claims of the ordinary, unsecured creditors was $76,612,182 and the total dividends paid to the ordinary, unsecured creditors were $53,926,139, being a dividend rate of 70.38%. · pct of: proven_claims · outcome: distribution · pct low: 70.38 · pct high: 70.38 · class key: unsecured · stated by: trustee · amount low: 53926139 · cumulative: true · amount high: 53926139 · class label: ordinary, unsecured creditors · claims amount: 76612182 · interim final: unstated · claims qualifier: proven · stated on: 2019-12-04 · table missing: