Ontario · CCAA
1. The purpose of this One Hundred and Fifty First Report of the Monitor (the “ Report ”), is to provide this Court with the annual update on the progress of the continuing administration and wind-down of the Canadian Estate, including the ongoing implementation of the Plan as contemplated by paragraph 54 of the Sanction Order of this Court dated January 24, 2017
Court officer report · 11 July 2019
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: The Initial Distribution to unsecured creditors under the Plan totalled over USD 4 billion, which represented 41.5 cents on the dollar for unsecured creditors entitled to be paid in U.S. dollars, and approximately CA 45.49 cents on the dollar for unsecured creditors entitled to be paid in Canadian dollars. · pct of: unstated · outcome: distribution · pct low: 41.5 · currency: USD · pct high: 41.5 · class key: unsecured · stated by: monitor · cumulative: false · class label: unsecured creditors entitled to be paid in U.S. dollars · interim final: unstated · currency quote: U.S. dollars · cents on dollar: 41.5 · claims qualifier: unstated; basis: plan · quote: The Initial Distribution to unsecured creditors under the Plan totalled over USD 4 billion, which represented 41.5 cents on the dollar for unsecured creditors entitled to be paid in U.S. dollars, and approximately CA 45.49 cents on the dollar for unsecured creditors entitled to be paid in Canadian dollars. · pct of: unstated · outcome: distribution · pct low: 45.49 · currency: CAD · pct high: 45.49 · class key: unsecured · stated by: monitor · cumulative: false · class label: unsecured creditors entitled to be paid in Canadian dollars · interim final: unstated · currency quote: CA 45.49 cents on the dollar · cents on dollar: 45.49 · claims qualifier: unstated; basis: plan · quote: The Second Distribution totalled over USD 400 million, which represented 4.3 cents on the dollar for unsecured creditors entitled to be paid in U.S. dollars, and approximately CA 4.71 cents on the dollar for unsecured creditors entitled to be paid in Canadian dollars. · pct of: unstated · outcome: distribution · pct low: 4.3 · currency: USD · pct high: 4.3 · class key: unsecured · stated by: monitor · cumulative: false · class label: unsecured creditors entitled to be paid in U.S. dollars · interim final: unstated · currency quote: U.S. dollars · cents on dollar: 4.3 · claims qualifier: unstated; basis: plan · quote: The Second Distribution totalled over USD 400 million, which represented 4.3 cents on the dollar for unsecured creditors entitled to be paid in U.S. dollars, and approximately CA 4.71 cents on the dollar for unsecured creditors entitled to be paid in Canadian dollars. · pct of: unstated · outcome: distribution · pct low: 4.71 · currency: CAD · pct high: 4.71 · class key: unsecured · stated by: monitor · cumulative: false · class label: unsecured creditors entitled to be paid in Canadian dollars · interim final: unstated · currency quote: CA 4.71 cents on the dollar · cents on dollar: 4.71 · claims qualifier: unstated; basis: plan · quote: | Cumulative Distribution | 45.80 | 50.20 | · pct of: unstated · outcome: distribution · class key: unsecured · stated by: monitor · cumulative: true · class label: Unsecured Claims Entitled to be paid in U.S. dollars · interim final: unstated · claims qualifier: unstated; basis: plan · quote: | Cumulative Distribution | 45.80 | 50.20 | · pct of: unstated · outcome: distribution · class key: unsecured · stated by: monitor · cumulative: true · class label: Unsecured Claims Entitled to be paid in CA dollars · interim final: unstated · claims qualifier: unstated · stated on: 2019-07-11 · table missing: