Alberta · Proposal
Form 40 - Report of Trustee on Proposal
Court officer report · 21 October 2022
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What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: The range of dividends that may become available for distribution to Affected Creditors is between USD $0 and USD $9.0 million. · pct of: unstated · outcome: distribution · currency: USD · class key: unsecured · stated by: proposal_trustee · amount low: 0 · amount high: 9000000 · class label: Affected Creditors · interim final: unstated · currency quote: USD $0 and USD $9.0 million · claims qualifier: unstated; basis: liquidation_alternative · quote: in a bankruptcy, the Claims of the Affected Creditors will rank below that of the BIA Charges, with no funds expected to be available for Affected Creditors as outlined in the analysis at Appendix ' F '; · pct of: unstated · outcome: nil · class key: unsecured · stated by: proposal_trustee · class label: Affected Creditors · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: There will be no recovery by the Interim Lender for amounts advanced under the Interim Lending Facility. · pct of: unstated · outcome: nil · class key: secured · stated by: proposal_trustee · class label: Interim Lender · creditor name: Interim Lender · interim final: unstated · claims qualifier: unstated · stated on: 2022-09-30 · table missing: 39. A full distribution waterfall is outlined in Appendix ' E '.