British Columbia · Proposal
Notice to Creditors (Proposal) - Cambie Malones Development Corp.
Notice to creditors · 26 February 2021
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What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: Based on the Unsecured Creditor Claims known to the Proposal Trustee at this time, it is anticipated that the Proposal Funds will be sufficient to pay all Unsecured Creditor Claims approximately 37 cents on the dollar, less the fees and expenses of the Proposal Trustee and legal counsel to the Companies as well as the applicable levy as indicated previously. · pct of: unstated · outcome: distribution · pct low: 37 · pct high: 37 · class key: unsecured · stated by: proposal_trustee · class label: Unsecured Creditors · interim final: unstated · conditional on: In the event that the Unsecured Creditors vote to accept the Proposal and all of the conditions precedent in Article V of the Proposal are satisfied · cents on dollar: 37 · claims qualifier: unstated; basis: liquidation_alternative · quote: In the event a Trustee in Bankruptcy could collect the receivable in full, the estimated dividend to Unsecured Creditors of the Companies on a consolidated basis would be approximately 27 cents on the dollar less the fees and expenses of the trustee as well as the applicable levy payable to the OSB. · pct of: unstated · outcome: distribution · pct low: 27 · pct high: 27 · class key: unsecured · stated by: proposal_trustee · class label: Unsecured Creditors · interim final: unstated · conditional on: In the event a Trustee in Bankruptcy could collect the receivable in full · cents on dollar: 27 · claims qualifier: unstated · stated on: 2021-02-26 · table missing: