Alberta · CCAA
Plan Of Arrangement
Plan of arrangement / compromise · 19 August 2009
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: All Special Crown Claims and the DIP Lender Claim will be paid in full in accordance with Article 4 hereof. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: Special Crown Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: All Special Crown Claims and the DIP Lender Claim will be paid in full in accordance with Article 4 hereof. · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: debtor · class label: DIP Lender Claim · interim final: unstated · claims qualifier: unstated; basis: plan · quote: The Monitor shall make the distributions of the remainder of the Cash Pool to Unsecured Creditors on the basis of (a) payment of an amount up to $5,000 of each accepted claim; and (b) distributing the balance of funds pro rata. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: debtor · amount low: 5000 · amount high: 5000 · class label: Unsecured Creditors · interim final: unstated · conditional on: payment of an amount up to $5,000 of each accepted claim; and distributing the balance of funds pro rata · claims qualifier: unstated · table missing: