Ontario · CCAA
Responding Motion Record of the Independent Director - Part 20 of 20
Application / notice of application · 30 September 2026
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 filing3 verified
- unsecured creditorsnote: Amount is the sum of components as stated in the document's own table; the filing labels the figures in USD and converts the total to US$138,121,171 for the waterfall using FX 1.0208 (CCAA date) / 1.3909 (report date), implying the claim is CAD-denominated at proof - currency of the 188,198,214 figure is not explicit on these pages. Separately, an illustrative notes balance of US$505,459,632 at 13 July 2026 (per Proof of Claim) and US$492,138,056 at 31 March 2026 (Reid Affidavit) appears in scenarios where Post-Standstill Interest accrues on the Proven Standstill Noteholder Claim at 9.375% compound. For purposes of the Override Provision, the Notes are deemed at US$104,135,273.97 plus 9.375% simple interest from 20 May 2013. Trustee pre-filing fees and expenses claim of US$3,791,335 is payable only at the Eighth Level. · page: 98 · as of: 2015-12-31 · basis: Proven Standstill Noteholder Claim per Standstill Order, para 16: original principal US$104,135,274 (US$100M notes + accrued interest to 23-Dec-11) + trustee post-filing fees US$5,500,000 + pre-standstill interest US$13,747,996 + standstill interest US$64,564,944 (20.0% to Standstill End Date) + additional expense US$250,000 · amount: 188198214 · debtor: Crystallex International Corporation · creditor: Senior Notes (9.375% Unsecured Notes) holders, via Computershare as Trustee - Proven Standstill Noteholder Claim · currency: CAD
- unsecured creditorsnote: Aggregate only; no individual creditors named on these pages. Converted in the waterfall to US$4,302,105 (FX at CCAA date in Baseline scenario); interest on these claims assumed immaterial. Proven claims, not an unaudited listing. · page: 99 · as of: 2011-12-23 · basis: Other allowed unsecured claims per the Monitor, proven under the Claims Procedure Order dated 30 November 2012 · amount: 6000000 · debtor: Crystallex International Corporation · creditor: Other unsecured creditors with proven and allowed claims (aggregate as reported by Monitor) · currency: CAD
- secured creditorsnote: Amount is a FORECAST principal-plus-interest balance projected to the assumed Recovery Date of 1 Jan 2028 (principal US$75,733,333 + interest US$225,972,368), not a current balance. Last reconciled actual balance: US$256,283,675 at 30 April 2026 (Monitor's figure US$257,150,000). Beyond the loan balance, Tenor is also entitled to Lender Additional Compensation (88.2% participation in Adjusted Net Arbitration Proceeds; modelled at US$822,389,027 in the Baseline scenario) under the Override Provision; that is a forecast waterfall entitlement, not a stated debt. · page: 169 · as of: 2028-01-01 · amount: 301705701 · debtor: Crystallex International Corporation · creditor: Tenor (DIP Lender) - Debtor-in-Possession Loan · currency: USD · security: DIP loan (Tenor), 10.0% interest compounded semi-annually; outstanding principal US$75,733,333 (agreed to 49th Monitor Report); advances 2012-2015 per Schedule 4