Nova Scotia · CCAA
Decision of Justice Jamieson dated July 16, 2025
Plan sanction / final order · 16 July 2025
A plain-language read of this filing opens with a subscription.
What we verified from this filing2 verified
- presiding officerJustice Jamieson
- recovery outcomeentries: basis: estimated · quote: 2. The Monitor expects that such distributions will exceed 50% of the unsecured claims, and potentially significantly more. · pct of: unstated · outcome: distribution · pct low: 50 · pct high: 50 · class key: unsecured · stated by: monitor · class label: unsecured creditors of the Operating Businesses · interim final: unstated · conditional on: distributions expected to exceed 50%, and potentially significantly more · claims qualifier: unstated; basis: plan · quote: while also working diligently to find alternate financing in a new equity partner in order to submit a Plan (now presented as a bid in this SISP) which would see their secured and unsecured creditors paid in full. · pct of: unstated · outcome: paid_in_full · class key: unsecured · stated by: debtor · class label: secured and unsecured creditors (Rice/Redemption Proposal) · interim final: unstated · claims qualifier: unstated · table missing: