Ontario · CCAA
Twelfth report of the monitor
Court officer report · 17 November 2021
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: estimated · quote: Based on the proposed size of the Reserve, the Monitor intends to make an initial distribution of approximately $828,000 to the Indenture Trustee on or prior to the CCAA Termination Date (the ' Proposed Distribution '). · pct of: unstated · outcome: distribution · pct low: 4 · pct high: 4 · class key: secured · stated by: monitor · amount low: 828000 · amount high: 828000 · class label: Secured Debentures (Indenture Trustee) · creditor name: Indenture Trustee · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: As such, there will be no recovery for any other creditors of the Applicants. · pct of: unstated · outcome: nil · class key: unsecured · stated by: monitor · class label: other creditors of the Applicants · interim final: unstated · claims qualifier: unstated · stated on: 2021-11-17 · table missing: