What we verified from this filing1 verified
- recovery outcomeentries: basis: liquidation_alternative · quote: Based on the above mentioned secured claims, the Trustee believes that the Company's assets are fully encumbered and believes TD would suffer a shortfall on its realization in the event of a bankruptcy. · pct of: unstated · outcome: shortfall · class key: secured · stated by: trustee · class label: TD (Toronto-Dominion Bank) · creditor name: Toronto-Dominion Bank · interim final: unstated · related party: false · claims qualifier: unstated; basis: plan · quote: | WEPP claims | | 20% | 19% | · pct of: unstated · outcome: distribution · pct low: 19 · pct high: 19 · class key: weppa · stated by: trustee · class label: Former Employees - WEPP claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: | Additional 20% on the Former Employee's net claim, after WEPP | | | 15% | · pct of: unstated · outcome: distribution · pct low: 15 · pct high: 15 · class key: weppa · stated by: trustee · class label: Former Employees - additional 20% of net claim, after WEPP · interim final: unstated · claims qualifier: unstated; basis: plan · quote: | Estimated distribution to ordinary creditors | | 0% | 19% | · pct of: unstated · outcome: distribution · pct low: 0 · pct high: 19 · class key: unsecured · stated by: trustee · class label: Ordinary Creditors · interim final: unstated · claims qualifier: unstated; basis: liquidation_alternative · quote: The assets of the Company are fully encumbered; accordingly, the anticipated recovery under a bankruptcy scenario will be Nil, with the exception of the WEPP claims of the Former Employees. · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: Ordinary Creditors · interim final: unstated · claims qualifier: unstated · stated on: 2020-12-01 · table missing: