Alberta · CCAA
Eighth Report of the Monitor
Court officer report · 3 February 2025
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What we verified from this filing1 verified
- recovery outcomeentries: basis: estimated · quote: As previously described in the Six Report, Indigo is expected to incur a significant shortfall on the remaining amount under the Secured Obligations and, as a result, there will not be any distributions to unsecured creditors, nor will there be a claims process to determine payment of claims subordinate to Indigo's Secured Obligations. · pct of: unstated · outcome: shortfall · class key: secured · stated by: monitor · class label: Indigo (Secured Obligations) · creditor name: Indigo · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: The Monitor responded to the claim on October 8, 2024, and advised that Indigo is expected to suffer a significant shortfall in respect of its Secured Obligations, and therefore it is not expected there will be any recovery for unsecured creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: monitor · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated · stated on: 2025-02-03 · table missing: