Quebec · CCAA
AMENDED Plan of compromise and arrangement of Callidus, DATED
Plan of arrangement / compromise · 5 December 2017
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: the Priority Claim shall be paid in full within thirty (30) days of the Plan Implementation Date; · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: Priority Claim · interim final: unstated · claims qualifier: unstated; basis: plan · quote: the Proven Claims of the former employers of the Companies shall be paid in full within thirty (30) days of the Plan Implementation Date; · pct of: unstated · outcome: paid_in_full · stated by: debtor · class label: former employees of the Companies · interim final: unstated · claims qualifier: unstated; basis: plan · quote: the first three thousand dollars ($3,000) of said Proven Claims shall be paid in full within thirty (30) days of the Plan Implementation Date ; and · pct of: unstated · outcome: distribution · class key: preferred · stated by: debtor · amount low: 3000 · amount high: 3000 · class label: Creditors other than the former employees of the Companies and the holders of Priority Claims · interim final: unstated · conditional on: 100% of the first $3,000 of the Proven Claim; remainder paid pro rata from remaining Settlement Funds · claims qualifier: unstated · stated on: 2017-12-05 · table missing: