Ontario · Proposal
Report of the Proposal Trustee on the Financial Situation of the Debtor and the Proposal – dated September 20, 2016
Court officer report · 20 September 2016
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What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: (ii) Superintendent's Levy: the Superintendent's Levy shall be paid in full; · pct of: unstated · outcome: paid_in_full · stated by: proposal_trustee · class label: Superintendent's Levy · interim final: unstated · conditional on: Subject to Creditor acceptance and Court approval · claims qualifier: unstated; basis: plan · quote: (iii) Mandatory Payment Claims: Mandatory Payment Claims, if any, shall be paid in full; · pct of: unstated · outcome: paid_in_full · stated by: proposal_trustee · class label: Mandatory Payment Claims · interim final: unstated · conditional on: Subject to Creditor acceptance and Court approval · claims qualifier: unstated; basis: plan · quote: (iv) Preferred Creditors: Preferred Claims, if any, shall be paid in full, without interest; and · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: proposal_trustee · class label: Preferred Creditors · interim final: unstated · conditional on: Subject to Creditor acceptance and Court approval · claims qualifier: unstated; basis: plan · quote: (v) Unsecured Claims: $100,000 of the Available Funds shall be set aside with the Proposal Trustee to comprise the Distribution Fund which shall be distributed pro-rata to Proven Affected Creditors on account of their Proven Affected Claims (other than D&O Claims). · pct of: unstated · outcome: distribution · class key: unsecured · stated by: proposal_trustee · amount low: 100000 · amount high: 100000 · class label: Unsecured Claims (Proven Affected Creditors) · interim final: unstated · conditional on: distributed pro-rata to Proven Affected Creditors on account of their Proven Affected Claims (other than D&O Claims) · claims qualifier: unstated; basis: plan · quote: As part of the Proposal, Elleway also agreed that if the conditions precedent set out in Section 5.1 of the Proposal are satisfied, it will waive any right to receive a distribution pro-rata with Proven Affected Creditors from the Distribution Fund on account of its Claim. · pct of: unstated · outcome: nil · class key: unsecured · stated by: proposal_trustee · class label: Elleway Properties Limited · creditor name: Elleway Properties Limited · interim final: unstated · conditional on: if the conditions precedent set out in Section 5.1 of the Proposal are satisfied · claims qualifier: unstated · table missing: