Ontario · CCAA
Motion Record of the Applicants - Returnable April 23, 2018
Application / notice of application · 18 April 2018
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: "Affected Banro Unsecured Pool" means Cash in the amount of $10,000.00; · pct of: unstated · outcome: distribution · class key: unsecured · stated by: debtor · amount low: 10000 · amount high: 10000 · class label: Affected Banro Unsecured Creditors · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Holders of Affected Equity Claims or Equity Interests shall not receive any consideration or distributions under this Plan and shall not be entitled to vote on this Plan at the Creditors' Meetings and existing shares of Banro shall be cancelled and shall be deemed to be cancelled without compensation. · pct of: unstated · outcome: nil · class key: equity · stated by: debtor · class label: Affected Equity Claims / Equity Interests · interim final: unstated · claims qualifier: unstated; basis: plan · quote: all Crown Priority Claims that were outstanding as at the Filing Date shall be paid in full by the Monitor on behalf of the Applicants, from the Priority Claim Reserve within six months after the Sanction Order, as required by subsection 6(3) of the CCAA · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: Crown Priority Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: all Employee Priority Claims to the extent unpaid prior to the Implementation Date shall be paid by the Monitor, on behalf of the Applicants, from the Priority Claim Reserve immediately after the Sanction Order as required by subsection 6(5) of the CCAA. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: Employee Priority Claims · interim final: unstated · claims qualifier: unstated · table missing: