Quebec · NOI
Notice of Proposal to Creditors – dated June 25, 2021
Notice to creditors · 25 June 2021
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: | Secured Creditors ( Note 1 ) | 1 | 1,867 | - | 0.0% | · pct of: unstated · outcome: nil · pct low: 0 · pct high: 0 · class key: secured · stated by: trustee · class label: Secured Creditors · claims amount: 1867000 · interim final: unstated · claims qualifier: estimated; basis: plan · quote: | Related Creditors | 1 | 1,142 | - | 0.0% | · pct of: unstated · outcome: nil · pct low: 0 · pct high: 0 · stated by: trustee · class label: Related Creditors · claims amount: 1142000 · interim final: unstated · claims qualifier: estimated; basis: plan · quote: | Trade Claims | 11 | 129 | 14 | 10.8% | · pct of: unstated · outcome: distribution · pct low: 10.8 · pct high: 10.8 · class key: unsecured · stated by: trustee · amount low: 14000 · amount high: 14000 · class label: Trade Claims · claims amount: 129000 · interim final: unstated · claims qualifier: estimated; basis: plan · quote: | Landlord Claims | 24 | 797 | 86 | 10.8% | · pct of: unstated · outcome: distribution · pct low: 10.8 · pct high: 10.8 · class key: landlord · stated by: trustee · amount low: 86000 · amount high: 86000 · class label: Landlord Claims · claims amount: 797000 · interim final: unstated · claims qualifier: estimated; basis: plan · quote: | Total Ordinary Creditors | 35 | 926 | 100 | 10.8% | · pct of: unstated · outcome: distribution · pct low: 10.8 · pct high: 10.8 · class key: unsecured · stated by: trustee · amount low: 100000 · amount high: 100000 · class label: Total Ordinary Creditors · claims amount: 926000 · interim final: unstated · claims qualifier: estimated; basis: plan · quote: It is estimated that the $100,000 Proposal would represent an approximate recovery of 11% to the Ordinary Creditors, based upon the estimated claims known by the Trustee as of this date. · pct of: unstated · outcome: distribution · pct low: 11 · pct high: 11 · class key: unsecured · stated by: trustee · amount low: 100000 · amount high: 100000 · class label: Ordinary Creditors · interim final: unstated · claims qualifier: estimated; basis: liquidation_alternative · quote: In the event that the Proposal is rejected by the creditors, the estimated realization prepared by the Trustee indicates that the Ordinary Creditors would not receive any distribution in a forced liquidation scenario. · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: Ordinary Creditors · claims amount: 2261000 · interim final: unstated · claims qualifier: estimated · stated on: 2021-06-23 · table missing: