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 filing2 verified
- financial positionnote: Total assets $63,738 thousand per the balance sheet. Report's liabilities table totals $97,766 thousand per books (secured $85,191k + ordinary $12,575k) versus $99,488 thousand per proofs of claim. The balance sheet itself shows current liabilities of $94,766k plus Investissement Québec $3,000k and deferred tax $3,517k, with shareholders' deficiency of $(37,545)k. Report also states EVH has no remaining assets to be realized other than GST/QST credits (sale of the Facility closed Sept 2005 for $18,000,000). · as at: 2004-03-19 · basis: Preliminary unaudited consolidated balance sheet of EVH as at March 19, 2004 (date of the Initial Order), derived from unaudited financial statements and limited discussions with management; the Monitor did not audit and gives no guarantee of accuracy or completeness · scope: Consolidated: 9161-5849 Québec Inc. (EVH Inc.), 41902 Delaware Inc. (EVH USA) and 9161-5286 Québec Inc. (Périgny) · currency: CAD · total assets: 63738000 · total liabilities: 97766000
- recovery outcomeentries: basis: unstated · quote: | Secured Creditor ($87,489) | 14% | 14% | 16% | 16% | · pct of: unstated · outcome: distribution · pct low: 14 · pct high: 16 · class key: secured · stated by: monitor · class label: Secured Creditor ($87,489) · creditor name: Parmalat · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Based on the funds presently held by the Monitor, the distribution under the Plan represents an estimated distribution of approximately 14¢ on the dollar: · pct of: unstated · outcome: distribution · pct low: 14 · pct high: 14 · class key: unsecured · stated by: monitor · class label: distribution under the Plan · interim final: unstated · cents on dollar: 14 · claims qualifier: unstated · stated on: 2005-12-23 · table missing: