Ontario · Receivership (court-appointed)
Notice to Creditors of Proposal dated September 18, 2025
Notice to creditors · 18 September 2025
What we verified from this filing1 verified
- recovery outcomeentries: basis: actual · quote: As discussed above, all secured claims have been paid in full. · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: trustee · class label: Secured Creditors · interim final: unstated · claims qualifier: unstated; basis: plan · quote: CFL intends to repay 100% of all Proven Ordinary Creditor claims. · pct of: proven_claims · outcome: paid_in_full · pct low: 100 · pct high: 100 · class key: unsecured · stated by: trustee · class label: Proven Ordinary Creditor Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: One year following Court Approval of the Proposal, the Company will remit sufficient funds to pay 100% of all Shareholder Loan Claims. · pct of: unstated · outcome: paid_in_full · pct low: 100 · pct high: 100 · class key: equity · stated by: trustee · class label: Shareholder Loan Claims · interim final: unstated · related party: true · claims qualifier: unstated; basis: liquidation_alternative · quote: Based on the appraised value of CFL's assets and known creditor claims, the Proposal is projected to deliver a full 100% recovery to creditors-equivalent to the return anticipated under a bankruptcy scenario. · pct of: unstated · outcome: paid_in_full · pct low: 100 · pct high: 100 · stated by: trustee · class label: creditors (liquidation scenario) · interim final: unstated · claims qualifier: unstated · stated on: 2025-09-18 · table missing: Section L includes a chart with the net book values of the Home Farm and 1432 and estimated realizations for both in a bankruptcy scenario.