Alberta · CCAA
Third Report of the Monitor
Court officer report · 3 April 2024
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: unstated · quote: Further, the Monitor advised that Tamarack will experience a shortfall under its loan, and as a result of the existent priorities, no shareholders will receive any recoveries from the in GPOC, GPCM or GPCH estates. · pct of: unstated · outcome: shortfall · class key: secured · stated by: monitor · class label: Tamarack · creditor name: Tamarack · interim final: unstated · related party: false · claims qualifier: unstated; basis: unstated · quote: Further, the Monitor advised that Tamarack will experience a shortfall under its loan, and as a result of the existent priorities, no shareholders will receive any recoveries from the in GPOC, GPCM or GPCH estates. · pct of: unstated · outcome: nil · class key: equity · stated by: monitor · class label: shareholders · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: all indebtedness owing to Signal Alpha C4 Limited and Trafigura Canada Limited will be paid in full in accordance with the CCAA Proceedings, and for greater certainty, such indebtedness will not be characterized as being forgiven for purposes of the Income Tax Act (Canada) and shall not be part of the Transferred Liabilities. · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: debtor · class label: Signal Alpha C4 Limited and Trafigura Canada Limited · creditor name: Signal Alpha C4 Limited and Trafigura Canada Limited · interim final: unstated · conditional on: subject to obtaining the Approval Order · claims qualifier: unstated · table missing: