Ontario · Proposal
Tween Canada - Order Approving Proposal
Plan sanction / final order · 10 December 2020
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: Any Preferred Claims that may arise shall be paid in full as set forth in section 136(1) of the BIA in priority to all Claims of Unsecured Creditors. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: trustee · class label: Preferred Creditors · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Amounts that were outstanding at the time of the filing of the Proposal and are of a kind that could be subject to a demand under Subsection 224(1.2) of the Income Tax Act or under provincial legislation or the Canada Pension Plan or Employment Insurance Act, in each case solely to the extent described in Section 60(1.1)of the BIA, will be paid in full within six months after Court Approval, or as agreed to by Her Majesty. · pct of: unstated · outcome: paid_in_full · class key: deemed_trust · stated by: trustee · class label: Canada Revenue Agency · creditor name: Canada Revenue Agency · interim final: unstated · conditional on: within six months after Court Approval, or as agreed to by Her Majesty · claims qualifier: unstated; basis: plan · quote: Unsecured Creditors with proven Claims shall receive a pro rata share of the Unsecured Creditor Cash Pool, subject in all cases to the prior payment of the Levy and to the adjustments below: · pct of: proven_claims · outcome: distribution · class key: unsecured · stated by: trustee · class label: Unsecured Creditors · interim final: unstated · claims qualifier: unstated · table missing: