Ontario · NOI
Motion Record - Moving Party - Datatax
Application / notice of application · 4 October 2023
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: estimated · quote: I am advised by Pritesh Patel of the Proposal Trustee and Naveed Manzoor, and it is my understanding that, the sales proceeds from the Transaction will be insufficient to repay, in full, the secured debt of the second-ranking secured creditor Fiera Private Debt Fund VI L.P. or any other subordinate creditors. · pct of: unstated · outcome: shortfall · class key: secured · stated by: debtor · class label: Fiera Private Debt Fund VI L.P. (second-ranking secured creditor) · creditor name: Fiera Private Debt Fund VI L.P. · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: Accordingly, there is no distribution to any unsecured creditors contemplated in connection with the Distributions. · pct of: unstated · outcome: nil · class key: unsecured · stated by: debtor · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated · table missing: