Alberta · Receivership (court-appointed)
Application filed June 13, 2018
Application / notice of application · 13 June 2018
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What we verified from this filing2 verified
- counselNorton Rose Fulbright Canada LLP
- recovery outcomeentries: basis: unstated · quote: authorizing and directing the Receiver to make a final distribution out of the assets of Twin Butte in the approximate amount of $152,757 to Alberta Finance, $585,250 in respect of the Former Executives Claim as defined in the Fourteenth Report, and any remaining balance to the Twin Butte 6.25% Convertible Unsecured Subordinated Debentures due December 31, 2018, pursuant to the Convertible Debenture Indenture Deo Jee n a ee (Subordinated Unsecured Noteholders) and the counsel to the Ad Hoc Group of Subordinated Unsecured Noteholders in the approximate amount of $1,011,665 · pct of: unstated · outcome: distribution · stated by: receiver · amount low: 152757 · amount high: 152757 · class label: Alberta Finance · creditor name: Alberta Finance · interim final: final · claims qualifier: unstated; basis: unstated · quote: authorizing and directing the Receiver to make a final distribution out of the assets of Twin Butte in the approximate amount of $152,757 to Alberta Finance, $585,250 in respect of the Former Executives Claim as defined in the Fourteenth Report, and any remaining balance to the Twin Butte 6.25% Convertible Unsecured Subordinated Debentures due December 31, 2018, pursuant to the Convertible Debenture Indenture Deo Jee n a ee (Subordinated Unsecured Noteholders) and the counsel to the Ad Hoc Group of Subordinated Unsecured Noteholders in the approximate amount of $1,011,665 · pct of: unstated · outcome: distribution · stated by: receiver · amount low: 585250 · amount high: 585250 · class label: Former Executives Claim · creditor name: Former Executives · interim final: final · claims qualifier: unstated; basis: unstated · quote: authorizing and directing the Receiver to make a final distribution out of the assets of Twin Butte in the approximate amount of $152,757 to Alberta Finance, $585,250 in respect of the Former Executives Claim as defined in the Fourteenth Report, and any remaining balance to the Twin Butte 6.25% Convertible Unsecured Subordinated Debentures due December 31, 2018, pursuant to the Convertible Debenture Indenture Deo Jee n a ee (Subordinated Unsecured Noteholders) and the counsel to the Ad Hoc Group of Subordinated Unsecured Noteholders in the approximate amount of $1,011,665 · pct of: unstated · outcome: distribution · class key: unsecured · stated by: receiver · amount low: 1011665 · amount high: 1011665 · class label: Twin Butte 6.25% Convertible Unsecured Subordinated Debentures (Subordinated Unsecured Noteholders) · creditor name: Subordinated Unsecured Noteholders · interim final: final · claims qualifier: unstated · stated on: 2018-06-13 · table missing: