Ontario · NOI
First Report to Court of the Proposal Trustee dated June 14, 2021
Court officer report · 14 June 2021
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: Assuming the Proposal is implemented, Unsecured Creditors are expected to be paid in full. · pct of: unstated · outcome: paid_in_full · class key: unsecured · stated by: proposal_trustee · class label: Unsecured Creditors · claims amount: 110000 · interim final: unstated · conditional on: Proposal is accepted by creditors, approved by the Court and implemented · claims qualifier: unstated; basis: liquidation_alternative · quote: This represents an estimated recovery of approximately 16¢ on the dollar for the Company's creditors. · pct of: unstated · outcome: distribution · pct low: 16 · pct high: 16 · class key: unsecured · stated by: proposal_trustee · class label: Company's creditors (in a bankruptcy) · interim final: unstated · cents on dollar: 16 · claims qualifier: unstated · stated on: 2021-06-14 · table missing: