Quebec · CCAA
Amended Joint Plan of Compromise and Arrangement
Plan of arrangement / compromise · 15 September 2021
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What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: Notwithstanding Sections 4.2 to 4.4 and 4.8, Persons having Equity Claims shall not be entitled to any distribution in respect of their Equity Claims, and Persons having Claims against the Directors and Officers shall not be entitled to any distribution in respect of their Claims against the Directors and Officers. · pct of: unstated · outcome: nil · class key: equity · stated by: debtor · class label: Persons having Equity Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Notwithstanding Sections 4.2 to 4.4 and 4.8, Persons having Equity Claims shall not be entitled to any distribution in respect of their Equity Claims, and Persons having Claims against the Directors and Officers shall not be entitled to any distribution in respect of their Claims against the Directors and Officers. · pct of: unstated · outcome: nil · stated by: debtor · class label: Claims against the Directors and Officers · interim final: unstated · claims qualifier: unstated; basis: plan · quote: the Monitor shall (a) determine whether the Plan Contribution Amount is sufficient (for greater certainty, as of that date and based on the information then available) to ensure that each Affected Creditor with a Proven Affected Claim or an Undetermined Affected Claim entitled to (in the case of a Proven Affected Claim), or that could be entitled to (in the case of an Undetermined Affected Claim), a distribution under the Plan could receive a distribution representing at least 7% of its Proven Affected Claim or Undetermined Affected Claim under the Plan · pct of: proven_claims · outcome: distribution · pct low: 7 · pct high: 7 · class key: unsecured · stated by: debtor · class label: Affected Creditor with a Proven Affected Claim or an Undetermined Affected Claim · interim final: unstated · claims qualifier: unstated · stated on: 2021-09-15 · table missing: