Ontario · NOI

Proposal Approval Order dated August 30, 2021

Plan sanction / final order · 30 August 2021

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 filing3 verified

counselPaliare Roland Rosenberg Rothstein LLP
presiding officerJustice Cavanagh
recovery outcomeentries: basis: plan · quote: The primary purpose of this Proposal is to effect one or more distributions from the Unsecured Creditor Pool to holders of proven Unsecured Claims in accordance with their pro rata share, meaning the value that such proven Unsecured Claim bears to the total value of all proven Unsecured Claims. · pct of: proven_claims · outcome: distribution · class key: unsecured · stated by: proposal_trustee · class label: Unsecured Creditors · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Any Preferred Claims that may arise shall be paid in full as set forth in Section 136(1) of the BIA in priority to all Claims of Unsecured Creditors. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: proposal_trustee · class label: Preferred Creditors · interim final: unstated · claims qualifier: unstated · table missing: