British Columbia · Proposal
Notice of Proposal to Creditors
Notice to creditors · 1 April 2024
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What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: Canada Revenue Agency (' CRA ') will be paid in full by the Proposal Funds within 6 months of Court Approval of the Proposal, for unremitted payroll source deductions. · pct of: unstated · outcome: paid_in_full · class key: deemed_trust · stated by: trustee · class label: Canada Revenue Agency · creditor name: Canada Revenue Agency · interim final: unstated · conditional on: paid within 6 months of Court Approval of the Proposal · claims qualifier: unstated; basis: plan · quote: The General Creditors are expected to receive approximately 48% of their claims under the Proposal. · pct of: unstated · outcome: distribution · pct low: 48 · pct high: 48 · class key: unsecured · stated by: trustee · class label: General Creditors · claims amount: 4846500 · interim final: unstated · claims qualifier: estimated; basis: liquidation_alternative · quote: The creditors are expected to receive approximately 27% of their claims under a bankruptcy scenario. · pct of: unstated · outcome: distribution · pct low: 27 · pct high: 27 · class key: unsecured · stated by: trustee · class label: creditors (bankruptcy scenario) · claims amount: 4894500 · interim final: unstated · claims qualifier: estimated · stated on: 2024-04-08 · table missing: