Ontario · CCAA
Motion Record
Application / notice of application · 3 December 2014
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: Equity Claimants will not receive any consideration or distributions under the Plan in respect of their Equity Claims. · pct of: unstated · outcome: nil · class key: equity · stated by: debtor · class label: Equity Claimants · interim final: unstated · claims qualifier: unstated; basis: plan · quote: The Plan does not affect the Unaffected Creditors and Unaffected Creditors will not receive any consideration or distributions under the Plan in respect of their Unaffected Claims (except to the extent their Unaffected Claims are paid in full on the Plan Implementation Date in accordance with the express terms of the Plan). · pct of: unstated · outcome: nil · stated by: debtor · class label: Unaffected Creditors · interim final: unstated · conditional on: except to the extent their Unaffected Claims are paid in full on the Plan Implementation Date in accordance with the express terms of the Plan · claims qualifier: unstated; basis: unstated · quote: The Secured Noteholders and Marret (on behalf of the Secured Noteholders and in its individual corporate capacity) hereby waive, and shall not receive, any distributions in respect of the Secured Noteholders Allowed Unsecured Claim and the Marret Unsecured Claim, respectively. · pct of: unstated · outcome: nil · class key: unsecured · stated by: debtor · class label: Secured Noteholders and Marret (Secured Noteholders Allowed Unsecured Claim and Marret Unsecured Claim) · creditor name: Marret · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Equity Claimants shall not receive any distributions or other consideration under the Plan or otherwise recover anything in respect of their Equity Claims or Equity Interests and shall not be entitled to attend or vote on the Plan at the Meetings. · pct of: unstated · outcome: nil · class key: equity · stated by: debtor · class label: Equity Claimants · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Subject to the Plan and paragraph 23 of the Meetings Order, each Affected Unsecured Creditor with a Voting Claim or a Disputed Voting Claim of not more than $10,000 (other than Secured Noteholders and, for greater certainty, not including WARN Act Plaintiffs) shall be deemed to vote in favour of the Plan, and will be paid in full to the extent that such Claim is proven as a Distribution Claim. · pct of: unstated · outcome: paid_in_full · class key: unsecured · stated by: debtor · class label: Affected Unsecured Creditor with a Voting Claim or Disputed Voting Claim of not more than $10,000 · interim final: unstated · conditional on: Claim of not more than $10,000, other than Secured Noteholders and WARN Act Plaintiffs, and Claim proven as a Distribution Claim · claims qualifier: unstated · table missing: