Alberta · CCAA
Application, returnable
Application / notice of application · 9 April 2014
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: The CRA's proofs of claim were ultimately allowed in certain amounts and pursuant to the Plans the CRA received a dividend equal to 4% of its Proven Claims and its claims against SCC and SemCAMS were compromised, discharged and released. · pct of: proven_claims · outcome: distribution · pct low: 4 · pct high: 4 · class key: deemed_trust · stated by: debtor · class label: unsecured creditors, including CRA · creditor name: Canada Revenue Agency · interim final: unstated · claims qualifier: unstated; basis: liquidation_alternative · quote: Had SCC and SemCAMS been assigned into bankruptcy, the CRA likely would have received nothing because the estimated shortfall to the Secured Lenders was approximately $1.2 billion. · pct of: unstated · outcome: shortfall · class key: secured · stated by: debtor · class label: Secured Lenders · creditor name: Secured Lenders · interim final: unstated · claims qualifier: unstated · shortfall amount: 1200000000; basis: liquidation_alternative · quote: Had SCC and SemCAMS been assigned into bankruptcy, the CRA likely would have received nothing because the estimated shortfall to the Secured Lenders was approximately $1.2 billion. · pct of: unstated · outcome: nil · class key: deemed_trust · stated by: debtor · class label: CRA · creditor name: Canada Revenue Agency · interim final: unstated · claims qualifier: unstated · table missing: