Ontario · CCAA
Book of Authorities of the Proposed Respondents (Motion for Leave to Appeal, Returnable in Writing before a Panel
Application / notice of application · 12 December 2024
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What we verified from this filing1 verified
- recovery outcomeentries: basis: actual · quote: Following the sale of assets during the CCAA Proceeding, distributions were made and the First Lien Lenders were paid in full. · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: court · class label: First Lien Lenders · creditor name: First Lien Lenders · interim final: unstated · claims qualifier: unstated; basis: actual · quote: The court made distribution orders that resulted in the First Lien Lenders being paid in full in January of 2012. · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: court · class label: First Lien Lenders · creditor name: First Lien Lenders · interim final: unstated · claims qualifier: unstated; basis: actual · quote: A distribution of $6 million was made to the Second Lien Lenders. · pct of: unstated · outcome: distribution · class key: secured · stated by: court · amount low: 6000000 · amount high: 6000000 · class label: Second Lien Lenders · claims amount: 150000000 · creditor name: Second Lien Lenders · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: Approximately $150 million remains owing to those lenders under the Second Lien Credit Agreement. Of that amount, West Face is owed approximately $31 million. · pct of: unstated · outcome: shortfall · class key: secured · stated by: unstated · class label: West Face · claims amount: 31000000 · creditor name: West Face · interim final: unstated · claims qualifier: unstated · table missing: