Alberta · CCAA
Monitor's Fourteenth Report
Court officer report · 21 March 2022
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: estimated · quote: The holders of Second Lien Notes will face a substantial shortfall in the recovery of the Second Lien Notes based on the anticipated proceeds available for distribution, and subordinated secured creditors and the remaining unsecured creditors will not receive any distributions. · pct of: unstated · outcome: shortfall · class key: secured · stated by: monitor · class label: Second Lien Notes · creditor name: Second Lien Notes holders · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: The holders of Second Lien Notes will face a substantial shortfall in the recovery of the Second Lien Notes based on the anticipated proceeds available for distribution, and subordinated secured creditors and the remaining unsecured creditors will not receive any distributions. · pct of: unstated · outcome: nil · class key: secured · stated by: monitor · class label: subordinated secured creditors · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: The holders of Second Lien Notes will face a substantial shortfall in the recovery of the Second Lien Notes based on the anticipated proceeds available for distribution, and subordinated secured creditors and the remaining unsecured creditors will not receive any distributions. · pct of: unstated · outcome: nil · class key: unsecured · stated by: monitor · class label: remaining unsecured creditors · interim final: unstated · claims qualifier: unstated · stated on: 2022-03-21 · table missing: