Ontario · CCAA
Supplement to the Fifth Report
Court officer report · 17 September 2019
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: unstated · quote: General Unsecured Creditors of Payless ShoeSource Worldwide, Inc. and Collective Brands Logistics Limited (Class 5A) (" Class 5A General Unsecured Creditors ") will receive their pro rata share of US$8.4 million, plus certain unused amounts currently designated for professional fees; and · pct of: unstated · outcome: distribution · currency: USD · class key: unsecured · stated by: monitor · amount low: 8400000 · amount high: 8400000 · class label: General Unsecured Creditors of Payless ShoeSource Worldwide, Inc. and Collective Brands Logistics Limited (Class 5A) · creditor name: Class 5A General Unsecured Creditors · interim final: unstated · currency quote: US$8.4 million · claims qualifier: unstated; basis: plan · quote: General Unsecured Creditors of all other U.S. Debtors (Class 5B) (" Class 5B General Unsecured Creditors "), will receive their pro rata share of US$5.1 million, plus certain unused amounts currently designated for professional fees (less the Canadian GUC Amount of US$900,000); · pct of: unstated · outcome: distribution · currency: USD · class key: unsecured · stated by: monitor · amount low: 5100000 · amount high: 5100000 · class label: General Unsecured Creditors of all other U.S. Debtors (Class 5B) · creditor name: Class 5B General Unsecured Creditors · interim final: unstated · currency quote: US$5.1 million · claims qualifier: unstated; basis: plan · quote: It is estimated that each General Unsecured Creditor will receive a recovery of approximately 3.2% of its Proven Claim subject to further reconciliation and finalization of Claims. · pct of: proven_claims · outcome: distribution · pct low: 3.2 · pct high: 3.2 · class key: unsecured · stated by: monitor · class label: General Unsecured Creditor · interim final: unstated · conditional on: subject to further reconciliation and finalization of Claims · claims qualifier: unstated; basis: plan · quote: $3,840.00 per Lease (provided that if there are multiple Landlords per Lease, only one payment of $3,840.00 shall be made); or · pct of: unstated · outcome: distribution · class key: landlord · stated by: monitor · amount low: 3840 · amount high: 3840 · class label: Landlords · interim final: unstated · conditional on: the lesser of $3,840.00 per Lease or the amount asserted in the Landlord's Notice of Dispute of Claim Statement or Proof of Claim, or Claim Statement if none filed · claims qualifier: unstated; basis: estimated · quote: subject to any reduction referred to in (a) above, based on current estimates, it will result in a recovery to Landlords of approximately 3.2% based on how their claims would be calculated under the United States Bankruptcy Code, which is consistent with the current estimated recovery for landlords who are Class 5B General Unsecured Creditors. · pct of: unstated · outcome: distribution · pct low: 3.2 · pct high: 3.2 · class key: landlord · stated by: monitor · class label: Landlords · interim final: unstated · conditional on: based on how their claims would be calculated under the United States Bankruptcy Code · claims qualifier: unstated · stated on: 2019-09-17 · table missing: