Alberta · Proposal
Report of the Trustee on Proposal
Court officer report · 25 July 2025
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: plan · quote: Estimated distributions to Unsecured Creditors are 27.5% to 78.2% if the Proposal is approved and 25.0% to 74.1% in a bankruptcy scenario. · pct of: unstated · outcome: distribution · pct low: 27.5 · pct high: 78.2 · class key: unsecured · stated by: proposal_trustee · amount low: 9060000 · amount high: 10350000 · class label: Unsecured Creditors · interim final: unstated · conditional on: Proposal accepted by Unsecured Creditors and approved by the Court · claims qualifier: unstated; basis: liquidation_alternative · quote: it is estimated that between $8.25 million and $9.81 · pct of: unstated · outcome: distribution · pct low: 25 · pct high: 74.1 · class key: unsecured · stated by: proposal_trustee · amount low: 8250000 · amount high: 9810000 · class label: Unsecured Creditors · interim final: unstated · claims qualifier: unstated; basis: plan · quote: The Proven Claim of the Preferred Creditors of the Insolvent Person will be paid in full by the Insolvent Person from the Proposal Proceeds in priority to the Proven Claim of other Unsecured Creditors in accordance with the BIA and the Proposal. · pct of: proven_claims · outcome: paid_in_full · class key: preferred · stated by: proposal_trustee · class label: Preferred Creditors · interim final: unstated · claims qualifier: unstated · stated on: 2025-06-23 · table missing: