Ontario · NOI
Proposal – dated October 31, 2014
Proposal document · 31 October 2014
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: Employee Claims, if any, will be paid in full, immediately after the approval by the Court of the Proposal. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: Employee Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Crown Claims shall be paid in full, within six months of approval of the Proposal by the Court, or as may otherwise be arranged with the Crown. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: Crown Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Professional Fees shall be paid in full by the Debtor in the normal course of business. · pct of: unstated · outcome: paid_in_full · stated by: debtor · class label: Professional Fees · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Preferred Claims shall be paid, without interest or penalty, in full, in priority to all claims of Ordinary Unsecured Creditors upon approval of the Proposal by the Court or as may be otherwise arranged with the Preferred Creditors or in accordance with clause 2 hereof if such Preferred Claim is also an Employee Claim. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: Preferred Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Each of the Ordinary Unsecured Creditors having a Proven Claim of less than $500 will be paid the full amount of its Ordinary Unsecured Claim without interest or penalty, within 30 days after the payment by the Debtor of the Cash Consideration; · 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 · claims qualifier: unstated; basis: plan · quote: Each of the Ordinary Unsecured Creditors having a Proven Claim of at least $500 shall receive a minimum payment of $500. · pct of: proven_claims · outcome: distribution · class key: unsecured · stated by: debtor · amount low: 500 · amount high: 500 · class label: Ordinary Unsecured Creditors having a Proven Claim of at least $500 · interim final: unstated · conditional on: minimum payment of $500, plus pro rata share of the balance of the Cash Consideration · claims qualifier: unstated · table missing: