Nova Scotia · CCAA
Book of Authorities of the Applicants dated November 27, 2024
Application / notice of application · 27 November 2024
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: Josh Collins in his affidavit filed September 13, 2022, said there is a shortfall of about $250,000 between the amount of the Travelers' loan and the debt the Companies must repay on closing. · pct of: unstated · outcome: shortfall · class key: secured · stated by: debtor · class label: Travelers (secured creditor / lender under Term Sheet) · creditor name: Travelers · interim final: unstated · claims qualifier: unstated · shortfall amount: 250000; basis: unstated · quote: creditors with larger claims were to receive, on average, 31 percent of their respective claims. · pct of: unstated · outcome: distribution · pct low: 31 · pct high: 31 · class key: unsecured · stated by: debtor · class label: creditors with larger claims · interim final: unstated · claims qualifier: unstated · table missing: