Ontario · Foreign recognition (CCAA)
Fourth Report of the Information Officer (June 22, 2020)
Court officer report · 22 June 2020
What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: payment in full of DIP Claims; · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: monitor · class label: DIP Claims · creditor name: DIP Lenders · interim final: unstated · claims qualifier: unstated; basis: plan · quote: with respect to the remaining distributable proceeds, 88% will be paid to holders of Term Loan Claims and 12% will be paid to holders of Administrative Claims and other priority claims. · pct of: unstated · outcome: distribution · pct low: 88 · pct high: 88 · class key: secured · stated by: monitor · class label: Term Loan Claims · creditor name: Term Loan Lenders · interim final: unstated · claims qualifier: unstated; basis: plan · quote: with respect to the remaining distributable proceeds, 88% will be paid to holders of Term Loan Claims and 12% will be paid to holders of Administrative Claims and other priority claims. · pct of: unstated · outcome: distribution · pct low: 12 · pct high: 12 · class key: preferred · stated by: monitor · class label: Administrative Claims and other priority claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: general unsecured creditors will be paid their pro-rata share of the distributable proceeds only if all senior claims are paid in full, including the Term Loan Claims. · pct of: unstated · outcome: nil · class key: unsecured · stated by: monitor · class label: general unsecured creditors · interim final: unstated · conditional on: unless all senior claims, including Term Loan Claims, are paid in full · claims qualifier: unstated; basis: unstated · quote: payment in full of all Priority Tax Claims (a reserve for which amounts will be funded into a Priority Tax Claims Reserve); · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: monitor · class label: Priority Tax Claims · interim final: unstated · claims qualifier: unstated · stated on: 2020-06-22 · table missing: