Ontario · Foreign recognition (CCAA)

Seventh Report of the Information Officer (Richter)

Court officer report · 30 June 2020

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 filing3 verified

recovery outcomeentries: basis: plan · quote: All Allowed Non-Talc Claims other than Non-Debtor Intercompany Claims are expected to be paid in full under the Plan, which includes Allowed Non-Talc Claims other than Non-Debtor Intercompany Claims filed against ITC. · pct of: unstated · outcome: paid_in_full · class key: unsecured · stated by: monitor · class label: Allowed Non-Talc Claims other than Non-Debtor Intercompany Claims · interim final: unstated · related party: false · claims qualifier: unstated; basis: plan · quote: Claims of Canadian-based creditors, other than (i) Talc Personal Injury Claims; (ii) intercompany claims from non-Debtor affiliates; and (iii) equity claims, as detailed in the June 29 Wilson Affidavit, will be unimpaired, and satisfied in full under the Plan. · pct of: unstated · outcome: paid_in_full · class key: equity · stated by: monitor · class label: Claims of Canadian-based creditors, other than Talc Personal Injury Claims, intercompany claims from non-Debtor affiliates, and equity claims · interim final: unstated · related party: false · claims qualifier: unstated · stated on: 2020-06-30 · table missing:
sale advisorPJT
sale outcometext: sales process for substantially all of the Debtors' assets is underway pursuant to the Bidding Procedures Order · scope: whole_business · status: process_approved