Saskatchewan · NOI
Sanction Application Brief dated January 27, 2023
Application / notice of application · 27 January 2023
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: plan · quote: if the Proposal was accepted, the T&C Pro-Rata Creditors would recover approximately 10% of their proven claims; and · pct of: proven_claims · outcome: distribution · pct low: 10 · pct high: 10 · class key: unsecured · stated by: proposal_trustee · class label: T&C Pro-Rata Creditors · interim final: unstated · conditional on: if the Proposal was accepted · claims qualifier: unstated; basis: liquidation_alternative · quote: if the Proposal was not accepted, the T&C Pro-Rata Creditors and the Convenience Creditors would likely receive nothing in a bankruptcy scenario. · pct of: unstated · outcome: nil · class key: unsecured · stated by: proposal_trustee · class label: T&C Pro-Rata Creditors and Convenience Creditors · interim final: unstated · conditional on: if the Proposal was not accepted · claims qualifier: unstated; basis: plan · quote: if the Proposal was accepted, the UTSG Pro-Rata Creditors would recover approximately 10% of their proven claims; and · pct of: proven_claims · outcome: distribution · pct low: 10 · pct high: 10 · class key: unsecured · stated by: proposal_trustee · class label: UTSG Pro-Rata Creditors · interim final: unstated · conditional on: if the Proposal was accepted · claims qualifier: unstated; basis: liquidation_alternative · quote: if the Proposal was not accepted, the UTSG Pro-Rata Creditors and the Convenience Creditors would likely receive nothing in a bankruptcy scenario. · pct of: unstated · outcome: nil · class key: unsecured · stated by: proposal_trustee · class label: UTSG Pro-Rata Creditors and Convenience Creditors · interim final: unstated · conditional on: if the Proposal was not accepted · claims qualifier: unstated · stated on: 2023-01-27 · table missing: