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Restructuring and insolvency

Skywell Homes Ltd. and 2168601 Ontario Inc.

Lane
Restructuring and insolvency
Announced
06 Mar 2020
Province
Ontario
Industry
Construction & building
Status
Closed
Latest event
Discharge
What the filing says
On February 26, 2020, the Receiver filed its second report with the Court (the " Second Report ") to provide information to the Court, with respect to the Receiver's activities since the First Report and to seek an order of the Court (the " Distribution, Fee Approval & Discharge Order "): Authorizing and directing the Receiver to distribute all of the remaining proceeds realized from the sale of the Real Property (the " Remaining Proceeds ") to Cardar Investments Limited (" Cardar "), subject to the Receiver holding a reserve (the " Reserve ") to fund the remaining Outstanding Obligations (as…
Source

Filing only — the officer of record publishes no document for this proceeding.

The terms are in the subscriber edition

This transaction carries the date the proceeding opened and 1 officer and advisor credit.

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Compiled from public filings, court documents, exchange bulletins and issuer releases. Figures are as disclosed and are not independently verified.

Not financial, investment, legal or tax advice, and not an offer to buy or sell any security. Verify everything before you transact.

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