Trustee’s Ninth Report (re Charlotte-Adelaide Project)
On July 30, 2019, the Trustee served materials in connection with its motion to approve the proposed distribution to the syndicated mortgage lenders to the Charlotte-Adelaide (“CHAT”) project in accordance with:
the terms of the inter-lender agreement entered into in respect of the loan agreements that govern the CHAT Loan and the LH1 Loan (as defined in the Trustee’s Ninth Report below); or
as the Court may otherwise direct.
A hearing on this matter has been scheduled for October 16, 2019.
Copies of the materials filed on July 30, 2019, including the Trustee’s Ninth Report, are available below.