Ontario · CCAA
Applicants' Motion Record (Returnable March 9, 2017)
Application / notice of application · 7 March 2017
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What we verified from this filing1 verified
- recovery outcomeentries: basis: estimated · quote: I am advised by Steven Bissell of the Monitor that, at present, it is still expected that the Proceeds will be insufficient to fully satisfy the obligation owing to the Syndicate. · pct of: unstated · outcome: shortfall · class key: secured · stated by: debtor · class label: Syndicate · creditor name: Syndicate · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: I am further advised that it is similarly expected that no distributions will be made with respect to the approximately $20 million indebtedness of the Primus Entities to their subordinate senior secured creditors, Manufacturers Life Insurance Company and BMO Capital Partners , or to any other pre filing creditors of the Primus Entities. · pct of: unstated · outcome: nil · class key: secured · stated by: debtor · class label: subordinate senior secured creditors, Manufacturers Life Insurance Company and BMO Capital Partners, or to any other pre filing creditors · claims amount: 20000000 · interim final: unstated · claims qualifier: estimated · table missing: