Quebec · NOI
Motion for the Approval of a Proposal – dated February 12, 2014
Application / notice of application · 12 February 2014
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: plan · quote: a) payment in full of the Employee Claims, Crown Claims and of the Preferred Claims · pct of: unstated · outcome: paid_in_full · class key: deemed_trust · stated by: debtor · class label: Employee Claims, Crown Claims and Preferred Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: b) payment in full for each of the Ordinary Unsecured Creditors having a Proven Claim of less than $500, without interest or penalty; and · pct of: proven_claims · outcome: paid_in_full · class key: unsecured · stated by: debtor · class label: Ordinary Unsecured Creditors having a Proven Claim of less than $500 · interim final: unstated · conditional on: Applies only to Ordinary Unsecured Creditors with a Proven Claim of less than $500 · claims qualifier: unstated; basis: plan · quote: c) payment for each of the Ordinary Unsecured Creditors having a Proven Claim of at least $500, without interest or penalty, of its pro rata share of any amount remaining. · pct of: proven_claims · outcome: distribution · class key: unsecured · stated by: debtor · class label: Ordinary Unsecured Creditors having a Proven Claim of at least $500 · interim final: unstated · conditional on: pro rata share of any amount remaining · claims qualifier: unstated; basis: liquidation_alternative · quote: Richter is also of the view that in a bankruptcy scenario, there would be no dividend payable to the Ordinary Unsecured Creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: Ordinary Unsecured Creditors · interim final: unstated · claims qualifier: unstated · stated on: 2014-02-12 · table missing: