Alberta · CCAA
Fourth Report of the Monitor
Court officer report · 4 September 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 filing4 verified
- operational summaryThe Company's operations are proceeding as expected and within forecast cash flows, with no material or adverse changes since the Third Report; it is finalizing the KEG Settlement and the claims process ahead of the September 15, 2020 creditor meeting.
- recovery outcomeentries: basis: unstated · quote: | Expected pro-rata distribution | 1.70% A/B | · pct of: unstated · outcome: distribution · currency: CAD · class key: unsecured · stated by: monitor · class label: Unsecured Creditors (remaining, pro-rata) · claims amount: 13621971 · interim final: unstated · currency quote: $CAD · claims qualifier: estimated; basis: plan · quote: | Less: Convenience Class Distribution | (49,028) | · pct of: unstated · outcome: distribution · currency: CAD · class key: unsecured · stated by: monitor · amount low: 49028 · amount high: 49028 · class label: Convenience Class claims · claims amount: 49028 · interim final: unstated · conditional on: 100% of the Convenience Class claims paid from the Convenience Class Distribution · currency quote: $CAD · claims qualifier: estimated · stated on: 2020-09-04 · table missing:
- report date4 September 2020
- report noFourth Report