Alberta · CCAA
Application (Stay Extension, Third Interim Distribution and Termination of the Directors' Charge)
Application / notice of application · 27 January 2017
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What we verified from this filing1 verified
- recovery outcomeentries: basis: unstated · quote: On November 21, 2016, the Court approved an interim distribution to the Lenders of $100 million, On December 5, 2016, the Court approved a second interim distribution to the 1.,enders of S25 million. · pct of: unstated · outcome: distribution · class key: secured · stated by: monitor · amount low: 100000000 · cumulative: false · amount high: 100000000 · class label: Lenders · creditor name: Canadian Imperial Bank of Commerce, as Administrative Agent to the Lenders · interim final: interim · claims qualifier: unstated; basis: estimated · quote: The Monitor proposes a third interim distribution to the Lenders, in the amount of 55 million, if such distribution is made, the Lenders will still be owed approximately 565,5 million. · pct of: unstated · outcome: distribution · class key: secured · stated by: monitor · amount low: 5000000 · cumulative: false · amount high: 5000000 · class label: Lenders · creditor name: Canadian Imperial Bank of Commerce, as Administrative Agent to the Lenders · interim final: interim · claims qualifier: unstated · table missing: