Ontario · Proposal
Order of Justice Steele (Approval Order)
Plan sanction / final order · 18 June 2025
What we verified from this filing2 verified
- presiding officerJustice Steele
- recovery outcomeentries: basis: plan · quote: Proven Preferred Claims, set out in the Statement of Affairs, other than Employee Preferred Claims (which shall be satisfied pursuant to Paragraph 13 of this Proposal), shall be paid in full, without interest, out of the Funded Proposal Payments, in priority to Proven Unsecured Claims. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: Preferred Claims (other than Employee Preferred Claims) · interim final: unstated · claims qualifier: unstated; basis: plan · quote: As per Part V of this Proposal, all Employee Preferred Claims will be paid in priority to other Claims immediately in the month after the month in which the Approval Order is issued. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: Employee Preferred Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Proven Unsecured Claims shall vote in Class 1 and shall be paid out of the Funded Proposal Payments on a pro rata basis after payment of Preferred Claims, if any. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: debtor · class label: Proven Unsecured Claims (Class 1) · interim final: unstated · conditional on: third, the balance of the Funded Proposal Payments shall be distributed pro rata among the Unsecured Creditors on account of Proven Unsecured Claims · claims qualifier: unstated · table missing: