What we verified from this filing5 verified
- claims bar date5 July 2023
- order date26 July 2023
- presiding officerJustice Fitzpatrick
- recovery outcomeentries: basis: plan · quote: Absent this Plan and the funding to be provided by a prospective lender pursuant to an Exit Financing Agreement, there will be no funds available for distribution to the Unsecured Creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: debtor · class label: Unsecured Creditors · interim final: unstated · conditional on: Absent this Plan and the funding to be provided by a prospective lender pursuant to an Exit Financing Agreement · claims qualifier: unstated; basis: plan · quote: On the Plan Implementation Date, the Debtors shall use the proceeds arising from the Exit Financing to pay the BMO Secured Claim in full. · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: debtor · class label: BMO Secured Claim · creditor name: BMO · interim final: unstated · claims qualifier: unstated; basis: plan · quote: to each Unsecured Creditor with a Non-Convenience Proven Claim, the Pro-Rata Share of the Distribution Pool. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: debtor · class label: Unsecured Creditor with a Non-Convenience Proven Claim · interim final: unstated · conditional on: Pro-Rata Share of the Distribution Pool · claims qualifier: unstated; basis: plan · quote: all Employee Priority Claims, if any, will be paid in such amounts as required under the CCAA immediately after the Plan Implementation Date; · pct of: unstated · outcome: distribution · class key: preferred · stated by: debtor · class label: Employee Priority Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: all Crown Priority Claims, if any, will be paid in full by the Debtors within six months immediately following the Sanction Date; and · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: Crown Priority Claims · interim final: unstated · claims qualifier: unstated · table missing:
- stay extended to1 March 2024