Ontario · Arrangement
Notice to Former Employees and Creditors (English) dated January 19, 2007
Notice to creditors · 19 January 2007
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: actual · quote: To date, RSM Richter Inc. in its capacity as Liquidator of certain assets of Eaton's (the 'Liquidator'), has issued seven dividends (the 'Previous Dividends') totalling approximately $115 million and representing 50% of Class 1 Creditor claims. · pct of: unstated · outcome: distribution · pct low: 50 · pct high: 50 · class key: unsecured · stated by: liquidator · amount low: 115000000 · cumulative: true · amount high: 115000000 · class label: Class 1 Creditors · interim final: unstated · claims qualifier: unstated; basis: actual · quote: By Order of the Ontario Superior Court of Justice dated December 22, 2006 (the 'Order'), the Liquidator has been authorized to issue an eighth dividend (the 'Eighth Dividend') to Class I Creditors in the amount of two cents on the dollar. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: liquidator · cumulative: false · class label: Class I Creditors · interim final: interim · claims qualifier: unstated · stated on: 2006-12-22 · table missing: