Quebec · Interim receivership
Report of the Trustee on the Financial Situation of the Debtor and on the Proposal – dated February 16, 2009
Court officer report · 16 February 2009
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: liquidation_alternative · quote: As noted in this Report, in the event of a Bankruptcy and an ensuing liquidation of the Company's assets, the secured creditors will suffer a loss with NO dividend available to the unsecured creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated; basis: plan · quote: A dividend of approximately ten cents on the dollar ($0.10) is to be paid sixty (60) days following approval of the Proposal by the Court; · pct of: unstated · outcome: distribution · pct low: 10 · pct high: 10 · class key: unsecured · stated by: trustee · class label: ordinary creditors · interim final: unstated · conditional on: Plus the lesser of the value of each ordinary claim or $500, and 20% of net proceeds of realization of carbon credits for fiscal years 2009-2011 distributed pro rata · cents on dollar: 10 · claims qualifier: unstated · stated on: 2009-02-12 · table missing: