British Columbia · NOI
Notice of Application (USA)
Application / notice of application · 20 April 2022
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 filing7 verified
- applicantMNP Ltd., in its capacity as the Proposal Trustee
- courtIN THE SUPREME COURT OF BRITISH COLUMBIA IN BANKRUPTCY AND INSOLVENCY
- court file noVLC-S-B-220120
- statutory basiss. 59(1) and s. 59(2) of the Bankruptcy and Insolvency Act
- commencement date20 April 2022
- provinceBritish Columbia
- recovery outcomeentries: basis: plan · quote: a) all unsecured creditors, with the exception of NewAG, would be paid in full on September 30, 2022; · pct of: unstated · outcome: paid_in_full · class key: unsecured · stated by: proposal_trustee · class label: unsecured creditors, with the exception of NewAG · interim final: unstated · claims qualifier: unstated; basis: plan · quote: b) NewAG will receive payment in the aggregate amount of US$6 million, with those amounts to be paid over time; · pct of: unstated · outcome: distribution · currency: USD · class key: unsecured · stated by: proposal_trustee · amount low: 6000000 · amount high: 6000000 · class label: NewAG · creditor name: NewAG Holdings Ltd. · interim final: unstated · conditional on: amounts to be paid over time · currency quote: US$6 million · claims qualifier: unstated · table missing: