Quebec · Receivership (court-appointed)
Proposal – dated January 21, 2011
Proposal document · 21 January 2011
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: The EMPLOYEE CLAIMS, if any, shall be paid in full in the normal course of business. · pct of: unstated · outcome: paid_in_full · stated by: debtor · class label: EMPLOYEE CLAIMS · interim final: unstated · claims qualifier: unstated; basis: plan · quote: The PROPOSAL EXPENSES will be paid in full, as they become due, in priority to all PREFERRED CLAIMS, CROWN CLAIMS and UNSECURED CLAIMS. · pct of: unstated · outcome: paid_in_full · stated by: debtor · class label: PROPOSAL EXPENSES · interim final: unstated · claims qualifier: unstated; basis: plan · quote: The CROWN CLAIMS, without interest, will be paid in full within six (6) months of the APPROVAL. · 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: PREFERRED CLAIMS, without interest, will be paid in full in priority to all UNSECURED CLAIMS. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: PREFERRED CLAIMS · interim final: unstated · claims qualifier: unstated; basis: plan · quote: In complete satisfaction and discharge of all UNSECURED CLAIMS, the UNSECURED CREDITORS shall receive a pro rata share of the net proceeds of all sale(s) of the remaining assets of the DEBTOR, after payment of the PROPOSAL EXPENSES, the SECURED CLAIMS, the EMPLOYEE CLAIMS, the PREFERRED CLAIMS and the CROWN CLAIMS, if any. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: debtor · class label: UNSECURED CLAIMS · interim final: unstated · conditional on: pro rata share of net proceeds of sale of remaining assets after payment of PROPOSAL EXPENSES, SECURED CLAIMS, EMPLOYEE CLAIMS, PREFERRED CLAIMS and CROWN CLAIMS · claims qualifier: unstated; basis: plan · quote: POST-FILING GOODS AND SERVICES will be paid in full in the ordinary course of business and on regular trade terms. · pct of: unstated · outcome: paid_in_full · stated by: debtor · class label: POST-FILING GOODS AND SERVICES · interim final: unstated · claims qualifier: unstated · table missing: