Ontario · CCAA

First Report (CCAA) dated October 28 2020 v2

Court officer report · 28 October 2020

A plain-language read of this filing opens with a subscription.

What we verified from this filing1 verified

recovery outcomeentries: basis: unstated · quote: Given the nature of the disputes and uncertainty concerning litigation, the Monitor is unable to assess the extent and timing of recoveries from the Sirius XM Receivable. · pct of: unstated · outcome: undetermined · class key: unsecured · stated by: monitor · class label: Unsecured Creditors · interim final: unstated · claims qualifier: unstated; basis: liquidation_alternative · quote: Based on the estimated realizable value of the Property, but not taking in account the Investments, and given the extent of Tribalscale's obligation to the Secured Creditors, the costs of realization and potential priority payables, it appears likely that there would be minimal if any, net proceeds of realization available to the Unsecured Creditors in the event of a bankruptcy. · pct of: unstated · outcome: nil · class key: unsecured · stated by: monitor · class label: Unsecured Creditors · interim final: unstated · claims qualifier: unstated · stated on: 2020-10-28 · table missing: