Quebec · CCAA

Volume 2, partie 3

Application / notice of application · 4 April 2019 · French

Also filed as: Volume 2, part 3

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: In accordance with Callidus' Plan, which provides for a basket proposal of $2,000,000, 134 creditors of the Applicants, of which 67 are employees, on a total of 173 (77,5%) will receive the immediate payment of 100% of their claims, while the remaining 39 creditors will share the residual amount, which should represent approximately 31% of their respective claims. · pct of: unstated · outcome: paid_in_full · pct low: 100 · pct high: 100 · class key: unsecured · stated by: unstated · class label: 134 creditors (of which 67 are employees), on a total of 173 (77.5%) · interim final: unstated · claims qualifier: unstated; basis: plan · quote: In accordance with Callidus' Plan, which provides for a basket proposal of $2,000,000, 134 creditors of the Applicants, of which 67 are employees, on a total of 173 (77,5%) will receive the immediate payment of 100% of their claims, while the remaining 39 creditors will share the residual amount, which should represent approximately 31% of their respective claims. · pct of: unstated · outcome: distribution · pct low: 31 · pct high: 31 · class key: unsecured · stated by: unstated · class label: remaining 39 creditors · interim final: unstated · claims qualifier: unstated · stated on: 2017-09-18 · table missing: