Alberta · NOI
Trustee's Report to Creditors on the Proposal
Court officer report · 20 January 2014
A plain-language read of this filing opens with a subscription.
What we verified from this filing5 verified
- appointeeGrant Thornton Alger Inc.
- court file no25-1834420
- provinceALBERTA
- appointee roleProposal Trustee
- recovery outcomeentries: basis: plan · quote: There are no known Crown Claims at this time. If any Crown Claims are proven, such claims will be paid in full without interest or penalty within 6 months of the Court Approval Date. · pct of: unstated · outcome: paid_in_full · stated by: proposal_trustee · class label: Crown Creditors · interim final: unstated · conditional on: if any Crown Claims are proven · claims qualifier: unstated; basis: plan · quote: There are no known Preferred Claims at this time. If any Preferred Claims, as defined in the Proposal, are proven, such claims will be paid in full within 6 months of the Effective Date. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: proposal_trustee · class label: Preferred Creditors · interim final: unstated · conditional on: if any Preferred Claims are proven · claims qualifier: unstated; basis: plan · quote: Proven Ordinary Unsecured Creditors will receive, within 6 months of the Effective Date, cash payment of an amount equal to: · pct of: unstated · outcome: distribution · class key: unsecured · stated by: proposal_trustee · amount low: 1000 · amount high: 1000 · class label: Ordinary Unsecured Creditors · interim final: unstated · conditional on: the lesser of the principal amount of its claim or $1,000, plus 20% of the remaining balance of its claim after deducting the amount in a) above · claims qualifier: unstated; basis: liquidation_alternative · quote: As discussed further in this report, if the Company were to become bankrupt, unsecured creditors may not receive any distribution; and · pct of: unstated · outcome: nil · class key: unsecured · stated by: proposal_trustee · class label: unsecured creditors · interim final: unstated · conditional on: if the Company were to become bankrupt · claims qualifier: unstated · table missing: