Ontario · CCAA
Motion Record re CRA Letter Agreement, returnable
Application / notice of application · 6 April 2018
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 filing2 verified
- counselGoodmans LLP
- recovery outcomeentries: basis: plan · quote: Pursuant to the Plan, an initial distribution aggregating approximately $4 billion has been made to unsecured creditors on a rolling basis commencing July 6, 2017, at 41.50 cents on the dollar for unsecured creditors entitled to be paid in U.S. dollars and CAD 45.49 cents on the dollar for unsecured creditors entitled to be paid in Canadian dollars. · pct of: unstated · outcome: distribution · currency: USD · class key: unsecured · stated by: monitor · class label: unsecured creditors entitled to be paid in U.S. dollars · interim final: unstated · currency quote: U.S. dollars · claims qualifier: unstated; basis: plan · quote: Pursuant to the Plan, an initial distribution aggregating approximately $4 billion has been made to unsecured creditors on a rolling basis commencing July 6, 2017, at 41.50 cents on the dollar for unsecured creditors entitled to be paid in U.S. dollars and CAD 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 · class label: unsecured creditors entitled to be paid in Canadian dollars · interim final: unstated · currency quote: CAD 45.49 cents · cents on dollar: 45.49 · claims qualifier: unstated · table missing: