Ontario · NOI
2359374 Ontario Inc. Court Order Approving Proposal
Plan sanction / final order · 14 November 2023
A plain-language read of this filing opens with a subscription.
What we verified from this filing3 verified
- counselReconstruct LLP
- presiding officerJustice Rappos
- recovery outcomeentries: basis: plan · quote: Proven Preferred Claims, other than Employee Preferred Claims (if any), which shall be satisfied pursuant to Paragraph 13 of this Proposal, shall be paid in full, without interest, out of the Funded Proposal Payments, in priority to Proven Unsecured Claims. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: proposal_trustee · class label: Preferred Claims (other than Employee Preferred Claims) · interim final: unstated · claims qualifier: proven; basis: plan · quote: Proven Unsecured Claims shall be paid out of the Funded Proposal Payments on a pro rata basis. · pct of: proven_claims · outcome: distribution · class key: unsecured · stated by: proposal_trustee · class label: Unsecured Claims · interim final: unstated · conditional on: The Funded Proposal Payments will be made until an amount is paid to the Trustee equal to the lesser of 20% of the value of the Proven Claims and $60,000.00 · claims qualifier: proven · table missing: