Ontario · Proposal
Trustee Report on the Proposal
Court officer report · 11 March 2019
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What we verified from this filing4 verified
- commencement date8 March 2019
- courtONTARIO SUPERIOR COURT OF JUSTICE (BANKRUPTCY AND INSOLVENCY)
- provinceOntario
- recovery outcomeentries: basis: plan · quote: Assuming the Proposal Fund is paid in full and the Debtors are not bankrupt, the Unsecured Creditors will receive an estimated 55% recovery should the Proposal be accepted. · pct of: unstated · outcome: distribution · pct low: 55 · pct high: 55 · class key: unsecured · stated by: proposal_trustee · class label: Unsecured Creditors · interim final: unstated · conditional on: should the Proposal be accepted · claims qualifier: unstated; basis: plan · quote: Preferred Claims under Section 136 of the BIA, without interest and after payment of Administrative Fees and Expenses, are to be paid in full in priority to all claims of Unsecured Creditors including, without limitation, any entitlement of Unsecured Creditors to the payments to be made under paragraph 6.9 of this Proposal. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: proposal_trustee · class label: Preferred Claims · interim final: unstated · claims qualifier: unstated · table missing: