British Columbia · CCAA
Notice of Application filed March 21, 2023
Application / notice of application · 21 March 2023
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What we verified from this filing1 verified
- recovery outcomeentries: basis: estimated · quote: Lightbox anticipates that the consideration received under the SNDL Purchase Agreement, after liquidation of the SNDL Shares, will provide sufficient funds to satisfy Lightbox's obligations to charge holders under the ARIO and partial recovery to the Secured Creditors. · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: debtor · class label: charge holders under the ARIO · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: Lightbox anticipates that the consideration received under the SNDL Purchase Agreement, after liquidation of the SNDL Shares, will provide sufficient funds to satisfy Lightbox's obligations to charge holders under the ARIO and partial recovery to the Secured Creditors. · pct of: unstated · outcome: distribution · class key: secured · stated by: debtor · class label: Secured Creditors · interim final: unstated · conditional on: After liquidation of the SNDL Shares under the SNDL Purchase Agreement, prior to completion of the 484 Transaction and sale of the Remaining Partnership Stores · claims qualifier: unstated; basis: estimated · quote: Lightbox further anticipates that upon completing the 484 Transaction and the sale of its interest in the Remaining Partnership Stores, it will have sufficient funds to ensure full recovery to the Secured Creditors and partial recovery for unsecured creditors. · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: debtor · class label: Secured Creditors · interim final: unstated · conditional on: upon completing the 484 Transaction and the sale of its interest in the Remaining Partnership Stores · claims qualifier: unstated; basis: estimated · quote: Lightbox further anticipates that upon completing the 484 Transaction and the sale of its interest in the Remaining Partnership Stores, it will have sufficient funds to ensure full recovery to the Secured Creditors and partial recovery for unsecured creditors. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: debtor · class label: unsecured creditors · interim final: unstated · conditional on: upon completing the 484 Transaction and the sale of its interest in the Remaining Partnership Stores · claims qualifier: unstated · table missing: