Quebec · Bankruptcy
Proposal • July 9, 2009
Proposal document · 9 July 2009
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: CROWN CLAIMS"), outstanding at the time of the filing of the NÓTICE OF INTENTION, will be paid, without interest, in full within six (6) months after PROPOSAL APPROVAL; · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: CROWN CLAIMS · interim final: unstated · claims qualifier: unstated; basis: plan · quote: will be paid in full immediately after PROPOSAL APPROVAL. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: EMPLOYEE CLAIMS · interim final: unstated · claims qualifier: unstated; basis: plan · quote: The PREFERRED CLAIMS, without interest, will be paid in full in priority to ORDINARY CLAIMS, within sixty (60) days of PROPOSAL APPROVAL. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: PREFERRED CLAIMS · interim final: unstated · claims qualifier: unstated; basis: plan · quote: POST-FILING OBLIGATIONS will be paid in full in the ordinary course of business. · pct of: unstated · outcome: paid_in_full · stated by: debtor · class label: POST-FILING OBLIGATIONS · interim final: unstated · claims qualifier: unstated; basis: plan · quote: CONVERTIBLE PROMISSORY NOTES in a total amount of $2,476,197. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: debtor · class label: TRADE CREDITORS · interim final: unstated · conditional on: NET PROCEEDS payable after completion of the TRANSACTION and realization of OTHER ASSETS, plus CONVERTIBLE PROMISSORY NOTES totalling $2,476,197, distributed pro rata according to accepted TRADE CREDITOR CLAIMS · claims qualifier: unstated · table missing: