British Columbia · Proposal
Supplement to the Trustee's Sixth Report dated April 21, 2023.pdf
Court officer report · 21 April 2023
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: unstated · quote: The Proposal Trustee remains concerned about why your client would raise this issue now, towards the end of the NOI proceedings when there is little runway remaining to effect a transaction, particularly when it is abundantly clear that in any scenario, there is no value available for unsecured creditors, or the Noteholders. · pct of: unstated · outcome: nil · class key: unsecured · stated by: proposal_trustee · class label: unsecured creditors, or the Noteholders · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: The Proposal Trustee notes, however, that this concession made by the Company solely for the purposes of attempting to resolve the concerns you have expressed and to address your opposition to the AVO Transaction, has no impact on the practical outcome of this file as there are no distributions available to the Noteholders. · pct of: unstated · outcome: nil · class key: secured · stated by: proposal_trustee · class label: Noteholders · interim final: unstated · claims qualifier: unstated · stated on: 2023-04-21 · table missing: