Quebec · NOI
Report of the Trustee on the Proposal – dated July 14, 2021
Court officer report · 14 July 2021
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: All Employee Claims will be paid in full, immediately after Approval. · pct of: unstated · outcome: paid_in_full · stated by: trustee · class label: Employee Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: All Crown Claims, to the extent not already paid by the Debtor in the ordinary course of the Debtor's business, shall be paid in full, within 6 months after Approval or as may otherwise be arranged with the Crown. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: trustee · class label: Crown Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: All Subsequent Claims have been or shall be paid in full by the Debtor in the ordinary course of the Debtor's business. · pct of: unstated · outcome: paid_in_full · stated by: trustee · class label: Subsequent Claims · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: All Secured Claims shall be paid in accordance with existing agreements or as may be otherwise arranged with each of the Secured Creditors. · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: trustee · class label: Secured Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: It is estimated that the $100,000 Proposal would represent an approximate recovery of 11% to the Ordinary Creditors, based upon the estimated claims known by the Trustee as of this date. · pct of: unstated · outcome: distribution · pct low: 11 · pct high: 11 · class key: unsecured · stated by: trustee · amount low: 100000 · amount high: 100000 · class label: Ordinary Creditors · interim final: unstated · claims qualifier: unstated; basis: liquidation_alternative · quote: In the event that the Proposal is rejected by the creditors, the estimated realization prepared by the Trustee indicates that the Ordinary Creditors would not receive any distribution in a forced liquidation scenario. · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: Ordinary Creditors · interim final: unstated · claims qualifier: unstated · stated on: 2021-06-23 · table missing: