Ontario · Foreign recognition (CCAA)
Motion Record of the Applicant dated June 4, 2026
Application / notice of application · 4 June 2026
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: In addition to providing for an approximately $15 million payment to the ABL Lenders, the Plan also contemplates distributing up to $3 million in value to Holders of General Unsecured Claims as part of a global settlement with the Committee. · pct of: unstated · outcome: distribution · class key: secured · stated by: debtor · amount low: 15000000 · amount high: 15000000 · class label: ABL Lenders · interim final: unstated · claims qualifier: unstated; basis: plan · quote: In addition to providing for an approximately $15 million payment to the ABL Lenders, the Plan also contemplates distributing up to $3 million in value to Holders of General Unsecured Claims as part of a global settlement with the Committee. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: debtor · amount high: 3000000 · class label: Holders of General Unsecured Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: (d) The distribution of 100 percent of the Net Proceeds, less the GUC Trust Assets, to the Holders of Class 3 ABL Claims; · pct of: unstated · outcome: distribution · pct low: 100 · pct high: 100 · class key: secured · stated by: debtor · class label: Class 3 ABL Claims · interim final: unstated · conditional on: Net Proceeds less the GUC Trust Assets · claims qualifier: unstated · table missing: