Ontario · CCAA
Fifteenth Report of the Monitor
Court officer report · 21 January 2021
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: This is because the Plan provides that the 5% distribution rate to these creditors shall be reduced pro rata if the aggregate value of claims in the class exceeds $6,250,000. · pct of: unstated · outcome: distribution · pct low: 5 · pct high: 5 · class key: unsecured · stated by: monitor · class label: General Unsecured Creditor Class · interim final: unstated · conditional on: Plan provides the 5% distribution rate shall be reduced pro rata if the aggregate value of claims in the class exceeds $6,250,000 · claims qualifier: unstated · stated on: 2021-01-21 · table missing: