Ontario · CCAA
Fourth Report of the Monitor dated October 1, 2016
Court officer report · 1 October 2016
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: f) secured creditors of VON Canada will be paid in full and will not be affected by or entitled to vote on the Plan; · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: monitor · class label: secured creditors of VON Canada · interim final: unstated · claims qualifier: unstated; basis: plan · quote: g) at or prior to implementation of the Plan, VON Canada will pay in full all Employee Priority Claims owed by VON Canada, if any. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: monitor · class label: Employee Priority Claims owed by VON Canada · interim final: unstated · claims qualifier: unstated · table missing: The Monitor's report will include a comparison of estimated distributions assuming (i) the Plan is accepted by the Affected Creditors and sanctioned by the Court, and (ii) a bankruptcy of VON Canada which may ensue if the Plan is not accepted by the Affected Creditors and approved by the Court.