Quebec · CCAA
Second Report to the Court submitted by Deloitte Restructuring Inc. in its capacity as Monitor
Court officer report · 8 April 2024
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: unstated · quote: based on the price payable under the Subscription Agreement, all the Lenders are suffering a significant shortfall on their senior secured position such that no recovery would be expected for any other secured or unsecured creditors under the Principal Transaction, regardless of the structure employed; · pct of: unstated · outcome: shortfall · class key: secured · stated by: monitor · class label: the Lenders · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: based on the price payable under the Subscription Agreement, all the Lenders are suffering a significant shortfall on their senior secured position such that no recovery would be expected for any other secured or unsecured creditors under the Principal Transaction, regardless of the structure employed; · pct of: unstated · outcome: nil · class key: unsecured · stated by: monitor · class label: other secured or unsecured creditors · interim final: unstated · claims qualifier: unstated · table missing: