Quebec · NOI
Trustee’s Report on the Financial Situation of the Debtor and on the Proposal – dated December 3, 2010
Court officer report · 3 December 2010
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: estimated · quote: | Estimated Shortfall of the Secured Creditor | | $ (15,385) | · pct of: unstated · outcome: shortfall · class key: secured · stated by: trustee · class label: Secured Creditors (NBC) · claims amount: 15956000 · creditor name: National Bank of Canada · interim final: unstated · related party: false · conditional on: in a bankruptcy scenario · claims qualifier: estimated · shortfall amount: 15385000; basis: plan · quote: It is estimated that the Proposal would provide the creditors with a dividend ofapproximately $0.10 on the dollar to the Ordinary Creditors as presented in the Statement ofAffairs, compared toan estimated dividend ofnil inthe event ofa bankruptcy. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: trustee · class label: Ordinary Creditors · interim final: unstated · claims qualifier: unstated · stated on: 2010-12-03 · table missing: