Quebec · CCAA
Chapter 11 plan dated January 29, 2014 proposed by the unofficial committee of wrongful death claimants – dated January 29, 2014
Plan of arrangement / compromise · 29 January 2014
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: 4.4 Class 4 (Priority Non-Tax Claims). Class 4 is unimpaired. In full settlement and satisfaction of each Allowed Class 4 Claim, the Allowed Amount thereof shall be paid in full in Cash on the Effective Date, except as otherwise agreed by the holder of any such Claim. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: Class 4 (Priority Non-Tax Claims) · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Holders of Class 6 Claims shall not receive or retain any property on account thereof under the Plan. · pct of: unstated · outcome: nil · class key: unsecured · stated by: debtor · class label: Class 6 (Other Derailment Claims) · interim final: unstated · claims qualifier: unstated; basis: plan · quote: such holder may commence or continue litigation against the U.S. Debtor in name only and/or bring a direct action against the issuer of any such insurance policy, including obtaining and enforcing judgment, provided, however, that except as provided in the preceding sentence, such holder is deemed to waive recovery against any asset of the Estate or under the Plan. · pct of: unstated · outcome: nil · stated by: debtor · class label: Class 7 (Troester Claim) · creditor name: Troester · interim final: unstated · conditional on: recovery limited to insurance policies of the U.S. Debtor that cover such Claim and do not cover Derailment Claims · claims qualifier: unstated · stated on: 2014-01-29 · table missing: