Quebec · CCAA
Fifty-Third Report of the Monitor
Court officer report · 19 January 2022
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What we verified from this filing1 verified
- recovery outcomeentries: basis: estimated · quote: Based on the mid-point of the estimated distribution ranges set out in the Monitor's Forty-Sixth Report, the Monitor has calculated that the impact of the proposed Order would be a reduction of the distributions to the CQIM Unsecured Creditor Class from 12.39% to 12.31%, a change of only approximately 0.6% of the estimated distribution, and an increase in the distributions to the Wabush Mines Parties Unsecured Creditor Class from 8.33% to 8.68%, a change of approximately 4.2% of the estimated distribution. · pct of: unstated · outcome: distribution · pct low: 12.31 · pct high: 12.31 · class key: unsecured · stated by: monitor · class label: CQIM Unsecured Creditor Class · interim final: unstated · conditional on: impact of the proposed Order (reduction from 12.39% to 12.31%) · claims qualifier: unstated; basis: estimated · quote: Based on the mid-point of the estimated distribution ranges set out in the Monitor's Forty-Sixth Report, the Monitor has calculated that the impact of the proposed Order would be a reduction of the distributions to the CQIM Unsecured Creditor Class from 12.39% to 12.31%, a change of only approximately 0.6% of the estimated distribution, and an increase in the distributions to the Wabush Mines Parties Unsecured Creditor Class from 8.33% to 8.68%, a change of approximately 4.2% of the estimated distribution. · pct of: unstated · outcome: distribution · pct low: 8.68 · pct high: 8.68 · class key: unsecured · stated by: monitor · class label: Wabush Mines Parties Unsecured Creditor Class · interim final: unstated · conditional on: impact of the proposed Order (increase from 8.33% to 8.68%) · claims qualifier: unstated · table missing: