Nova Scotia · CCAA

Second Report of Monitor

Court officer report · 23 September 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: liquidation_alternative · quote: Although the Monitor has yet to prepare a realization schedule in the event of a liquidation, based on the quantum of secured debt owing by the Applicants against the expected asset realizations, it is unlikely that a distribution would be available to the unsecured creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: monitor · class label: unsecured creditors · interim final: unstated · conditional on: in the absence of the Extension Order being granted, based on the quantum of secured debt owing against expected asset realizations · claims qualifier: unstated · stated on: 2016-09-23 · table missing: