Ontario · Proposal
Trustee’s Report on the Proposal.pdf
Court officer report · 5 October 2018
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What we verified from this filing2 verified · 1 withheld
- recovery outcomeentries: basis: liquidation_alternative · quote: In considering the estimated size of the claims of the Secured Creditors and the estimated realizable value of the Company's assets (exclusive of selling and realization costs), the estimated distribution to the Company's Unsecured Creditors in the event of a bankruptcy would be $Nil as outlined in the table below. · pct of: unstated · outcome: nil · class key: unsecured · stated by: proposal_trustee · class label: Unsecured Creditors (in the event of a bankruptcy) · interim final: unstated · claims qualifier: unstated; basis: plan · quote: As shown in the table above, if the Proposal is accepted, Proven Unsecured Creditors, other than Convenience Claim Holders, should expect to recover between 11.65 and 33.30 cents on the dollar. · pct of: unstated · outcome: distribution · pct low: 11.65 · pct high: 11.65 · class key: unsecured · stated by: proposal_trustee · class label: Unsecured Creditors with Proven Unsecured Claims (other than Convenience Claim Holders) · claims amount: 3561416 · interim final: unstated · claims qualifier: unstated · table missing:
- sale outcometext: Vehicles being marketed for sale via auctioneer, realization proceeds estimated but not yet finalized · scope: ancillary · status: liquidation_in_progress
1 extracted value is withheld: either a trap-shaped field where models produce confident wrong numbers, or an identity value whose quotation could not be found in the document. Withheld values are shown to no one.