Quebec · CCAA
Disclosure statement for amended chapter 11 plan dated January 29, 2014 proposed by the unofficial committee of wrongful death claimants – dated March 10, 2014
Plan of arrangement / compromise · 29 January 2014
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: Accordingly, the Plan provides that holders of such claims will not receive any payment under the Plan. · pct of: unstated · outcome: nil · class key: unsecured · stated by: debtor · class label: General Unsecured Claims (Class 8 and 9) · interim final: unstated · claims qualifier: unstated; basis: plan · quote: The Debtor's sole shareholder will receive no payment or other consideration for the shares. · pct of: unstated · outcome: nil · class key: equity · stated by: debtor · class label: Equity Interests (Class 10) · creditor name: Montreal Maine & Atlantic Corporation · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Accordingly, the Plan provides that Allowed Administrative Claims will be paid in full, in Cash on the Effective Date. · pct of: unstated · outcome: paid_in_full · stated by: debtor · class label: Allowed Administrative Claims · interim final: unstated · claims qualifier: unstated · stated on: 2014-01-29 · table missing: