Ontario · Receivership (court-appointed)
Notice to Creditors who filed Claims after the March 31, 2010 Claims Bar Date – dated December 8, 2011
Notice to creditors · 31 March 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: Based on the claims received in the claims process conducted by the Receiver that was completed in 2010, if the KPMG Settlement is implemented the creditors should receive approximately 7% of the amount of their Proven Claims as a distribution. · pct of: proven_claims · outcome: distribution · pct low: 7 · pct high: 7 · class key: unsecured · stated by: monitor · class label: OUFC's creditors holding Proven Claims · interim final: unstated · conditional on: if the KPMG Settlement is implemented; percentage reduced if additional claims against OUFC are received and accepted by the Monitor · claims qualifier: unstated; basis: plan · quote: Accordingly, unless you take the steps described below to prove your claim, you will not be entitled to receive any distributions under the Plan as described below . · pct of: unstated · outcome: nil · class key: unsecured · stated by: monitor · class label: creditors who filed claims after the March 31, 2010 claims bar date and do not have a Proven Claim · interim final: unstated · conditional on: unless you take the steps described to prove your claim · claims qualifier: unstated · stated on: 2011-12-08 · table missing: