Nova Scotia · CCAA
Fifth Report of Monitor
Court officer report · 27 January 2017
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: liquidation_alternative · quote: The Monitor has prepared a realization schedule in the event of a liquidation, and based on the quantum of secured debt owing by the Applicants against the expected asset realizations, has determined that secured creditors would be faced with a compromise of their respective claims of their respective debts and there would be no distribution available to the unsecured creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: monitor · class label: unsecured creditors · interim final: unstated · conditional on: in the event of a liquidation, in the absence of the Third Extension Order being granted · claims qualifier: unstated · stated on: 2017-01-27 · table missing: