Ontario · Proposal
Proposal of Toronto Machine Tool Inc.
Proposal document · 5 January 2018
A plain-language read of this filing opens with a subscription.
What we verified from this filing4 verified
- courtSUPERIOR COURT OF JUSTICE (IN BANKRUPTCY AND INSOLVENCY)
- court file no31-2324294
- commencement date8 December 2017
- recovery outcomeentries: basis: plan · quote: Claims of Secured Creditors shall be unaffected by thįs Proposal and shall be paid ot nn en en t n n eon thes Secured Creditors. · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: debtor · class label: Secured Creditors · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Proven Preferred Claims, other than Employee Preferred Claims (which shall be satisfied pursuant to Paragraph 11 of this Proposal), shall be paid in full, without interest, out of the Funded Proposal Payments, in priority to Proven Unsecured Claims. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: Preferred Creditors (other than Employee Preferred Claims) · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Proven Unsecured Claims shall be paid out of the Fuded Proposal Payments on a pro rata basis · pct of: unstated · outcome: distribution · class key: unsecured · stated by: debtor · class label: Unsecured Creditors · interim final: unstated · conditional on: The Funded Proposal Payments will be made until an amount is paid to the Trustee equal to the lesser of 35% of the value of the Proven Claims and $250,000 · claims qualifier: unstated · stated on: 2018-01-05 · table missing: