Alberta · CCAA
Plan of Arrangement of 420 Investments Ltd. et al. dated May 8, 2025
Plan of arrangement / compromise · 8 May 2025
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: Stoke Claim. The secured creditor holding the Stoke Claim shall be paid in full and deemed to vote in favour of the Plan. · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: debtor · class label: Stoke Claim · creditor name: Stoke · interim final: unstated · claims qualifier: unstated; basis: plan · quote: On or as soon as reasonably practicable following the Implementation Date, the applicable Applicant shall pay or cause to be paid in full all Crown Claims, if any, outstanding as at the Filing Date or related to the period ending on the Filing Date, to the applicable Governmental Entity. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: Crown Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: On the Implementation Date, all outstanding obligations, liabilities, fees, and disbursements secured by the Administration Charge which are evidenced by invoices of the beneficiaries thereof delivered to the Monitor as at the Implementation Date, shall be fully paid by the Applicants. · pct of: unstated · outcome: paid_in_full · class key: court_charges · stated by: debtor · class label: Administration Charge · interim final: unstated · claims qualifier: unstated · table missing: