Ontario · CCAA
Motion Record of the Receiver, re: proposed Discharge and Distribution Order and pending termination of the Receivership
Application / notice of application · 3 March 2021
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: Section 4.4 of the First Amended CCAA Plan provides that Crown Priority Claims will be paid in full within six (6) months after the Sanction Order, as required by section 6(3) of the CCAA. · pct of: unstated · outcome: paid_in_full · class key: deemed_trust · stated by: monitor · class label: Crown Priority Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Section 4.4 of the First Amended CCAA Plan also provides that Employee Priority Claims will be paid in full immediately after the Sanction Order, as required by section 6(5) of the CCAA. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: monitor · class label: Employee Priority Claims · interim final: unstated · claims qualifier: unstated · table missing: