Quebec · CCAA
Notice to the Attorney General of Quebec and to the Attorney General of Canada under Section 95 of the Code of Civil Procedure (French version only) – dated May 15, 2015
Notice of receiver (s. 245 / Form 87) · 15 May 2015
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What we verified from this filing11 verified
- unsecured creditorsnote: 1.1% of Government Claims; derailment-related · page: 25 · basis: Proven Claim evaluated and established under the Plan · amount: 5000000 · debtor: Montreal, Maine & Atlantic Canada Co. · creditor: City of Lac-Mégantic (Government Claim) · currency: CAD
- unsecured creditorsnote: 4.8% of Government Claims; derailment-related; also subject to withdrawal/reallocation undertakings by Attorney General of Canada · page: 25 · basis: Proven Claim evaluated and established under the Plan · amount: 21000000 · debtor: Montreal, Maine & Atlantic Canada Co. · creditor: Attorney General of Canada (on behalf of Canada Economic Development for Quebec Regions) (Government Claim) · currency: CAD
- unsecured creditorsnote: 0.1% of Government Claims; derailment-related · page: 25 · basis: Proven Claim evaluated and established under the Plan · amount: 313775 · debtor: Montreal, Maine & Atlantic Canada Co. · creditor: Commission de la Santé et de la Sécurité au Travail (CSST) (Government Claim) · currency: CAD
- unsecured creditorsnote: 94% of Government Claims; derailment-related · page: 25 · basis: Proven Claim evaluated and established under the Plan · amount: 409313000 · debtor: Montreal, Maine & Atlantic Canada Co. · creditor: Province de Québec (Government Claim) · currency: CAD
- financial positionnote: Indemnity Fund described as 'plus de 300 000 000 $' (over $300 million) per Court's remarks; not a balance sheet total of assets/liabilities · page: 98 · basis: Indemnity Fund contributions from Released Parties under Settlement Agreements · scope: Montreal, Maine & Atlantic Canada Co. (entity level, CCAA proceeding) · currency: CAD
- unsecured creditorsnote: Represents 6.1% cap of all votes cast by Creditors; Indemnity Claims and Non-Derailment Claims not entitled to distribution under the CCAA Plan; document names no individual creditors within this class · page: 106 · basis: Maximum value cap for voting purposes as ordered by the Court · amount: 55046528 · debtor: Montreal, Maine & Atlantic Canada Co. · creditor: Non-Derailment Claims (aggregate as reported) · currency: CAD
- unsecured creditorsnote: Represents 11.1% cap of all votes cast by Creditors; document names no individual creditors within this class · page: 106 · basis: Maximum value cap for voting purposes as ordered by the Court · amount: 100000000 · debtor: Montreal, Maine & Atlantic Canada Co. · creditor: Bodily Injury and Moral Damages Claims (aggregate as reported) · currency: CAD
- unsecured creditorsnote: Represents 22.2% cap of all votes cast by Creditors; document names no individual creditors within this class; distribution allocation of 24.1% of Funds for Distribution referenced separately at page 24-25 · page: 106 · basis: Maximum value cap for voting purposes as ordered by the Court · amount: 200000000 · debtor: Montreal, Maine & Atlantic Canada Co. · creditor: Wrongful Death Claims (aggregate as reported) · currency: CAD
- unsecured creditorsnote: Represents 8.3% cap of all votes cast by Creditors; document names no individual creditors within this class; subject to reduction/reallocation mechanism if revised aggregate value falls below $75 million · page: 106 · basis: Maximum value cap for voting purposes as ordered by the Court · amount: 75000000 · debtor: Montreal, Maine & Atlantic Canada Co. · creditor: Property and Economic Damages Claims (aggregate as reported) · currency: CAD
- unsecured creditorsnote: Represents 3.8% cap of all votes cast by Creditors; document names no individual creditors within this class · page: 106 · basis: Maximum value cap for voting purposes as ordered by the Court · amount: 33701330 · debtor: Montreal, Maine & Atlantic Canada Co. · creditor: Subrogated Insurer Claims (aggregate as reported) · currency: CAD
- unsecured creditorsnote: Represents 48.5% cap of all votes cast by Creditors; itemized components (Province, City of Lac-Mégantic, Attorney General of Canada, CSST) reported separately above · page: 106 · basis: Maximum value cap for voting purposes as ordered by the Court · amount: 435626775 · debtor: Montreal, Maine & Atlantic Canada Co. · creditor: Government Claims (aggregate as reported) · currency: CAD