Alberta · Proposal
Creditor Package - Second Amendment Proposal
Meeting materials · 29 April 2011
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: The Affected Secured Creditor will be paid in full by the Trustee upon Court Ratification of the Second Amended Proposal. · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: trustee · class label: Affected Secured Creditor · creditor name: Old Post No. 43 · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Crown Claims will be paid within six months of Court Ratification, unless the Crown consents to an extension of the time allowed. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: trustee · class label: Crown Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Claims of Preferred Creditors will be paid in full upon Court Ratification with funds · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: trustee · class label: Preferred Creditors · interim final: unstated · claims qualifier: unstated; basis: plan · quote: THAT, subject to the Levy, all Proven Claims of the Ordinary Unsecured Creditors, excluding those of non-arm's length creditors, will receive payment from the Dividend Fund on the following basis: (i) payment of the lesser of the amount of their Claim or $1,500; and (ii) as to the balance of their Claim, if any, after deducting the cash payment referred to in (i) above, each Ordinary Unsecured Creditor will receive its pro rata pari passu share of the remaining amount of the Dividend Fund, to be paid within three months of Court Ratification of the Second Amended Proposal. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: trustee · amount low: 1500 · amount high: 1500 · class label: Ordinary Unsecured Creditors · interim final: unstated · conditional on: Payment of the Lesser of the amount of their Proven Claim or $1,500; and as to the balance of their Claim, if any, a pro-rata share of the remaining amount of the Dividend Fund · claims qualifier: unstated · stated on: 2011-07-11 · table missing: