Quebec · CCAA
TIT - Package of documents
Notice to creditors · 14 November 2023
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: plan · quote: All Persons holding Equity Claims shall not be entitled to vote or attend the Creditors' Meeting, and shall not receive a distribution under the Plan or otherwise receive anything in respect of their shares. · pct of: unstated · outcome: nil · class key: equity · stated by: debtor · class label: Equity Claims holders · interim final: unstated · claims qualifier: unstated; basis: plan · quote: If the amount of your Proven Claim is equal or inferior to $2,000 (and thus paid in full pursuant to the terms of the Plan), you are deemed to vote in favor of the Plan and therefore no action is required, unless you wish to nevertheless vote against the Plan. · pct of: unstated · outcome: paid_in_full · class key: unsecured · stated by: monitor · class label: Affected Creditors with a Proven Claim equal or inferior to $2,000 (Convenience Creditors) · interim final: unstated · conditional on: Proven Claim equal or inferior to $2,000 · claims qualifier: unstated · stated on: 2023-11-13 · table missing: In an effort to summarize the relevant information for the Affected Creditors, the Monitor has prepared the following table which shows the estimated ranges of recovery for the Affected Creditors with Proven Claims of TIT, according to information available as of November 13, 2023:; The Liquidation Analysis is provided in the table below: