British Columbia · CCAA
Walter Canada Group - Book of Evidence (Vol. 1) - - 11/15/2016
Application / notice of application · 26 January 2016
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: unstated · quote: If the 1974 Plan claim is admitted as an Allowed Claim, there will be little to no recovery for the creditors of the Walter Canada Group. · pct of: unstated · outcome: nil · stated by: debtor · class label: creditors of the Walter Canada Group · interim final: unstated · conditional on: if the 1974 Plan claim is admitted as an Allowed Claim · claims qualifier: unstated; basis: unstated · quote: The Settlement Term Sheet entitles unsecured creditors to receive 1% of the common equity issued in the Stalking Horse Purchaser on closing as well as the right to participate in any exit financing · pct of: unstated · outcome: distribution · pct low: 1 · pct high: 1 · class key: unsecured · stated by: unstated · class label: unsecured creditors · interim final: unstated · conditional on: right to participate in any exit financing · claims qualifier: unstated · stated on: 2016-09-23 · table missing: