Alberta · Proposal
Black-lined Proposal
Proposal document · 15 December 2010
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: THAT all Crown Claims incurred after the Filing Date and before Court Ratification shall be paid in full by the Receiver as they become due. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: trustee · class label: Crown Claims · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: THAT upon Court Ratification, the Property Taxes will be paid in full with funds being provided to the TrusteeReceiver by the Unaffected Secured Creditor (, which amount willshall be added to the First Secured Debt owing to the Unaffected Secured Creditor).. · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: trustee · class label: Property Taxes · creditor name: Regional Municipality of Old Post No. 43 · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: THAT all Claims of Preferred Creditors, including wages, salaries, commissions or compensation, for services rendered before the Filing Date shall be paid in full by the Receiver within three months of Court Ratification, as set forth in Section 136(1) of the BIA in priority to all claims of the Ordinary Unsecured Creditorsout in the Receivership Claims Process, with funds being provided to the TrusteeReceiver by the Unaffected Secured Creditor (, which amount shall be added to the First Secured Debt owing to the Unaffected Secured Creditor), as follows: . · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: trustee · class label: Preferred Creditors · interim final: unstated · claims qualifier: unstated; basis: plan · quote: THAT the Debentures shall be paid in full by the Receiver subject to the Receiver obtaining Court approval for the payment of the Debentures on or before Court Ratification with funds provided to the Receiver by the Unaffected Secured Creditor. · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: trustee · class label: Debenture Holders · interim final: unstated · claims qualifier: unstated; basis: plan · quote: THAT, subject to the Levy, all Proven Claims of the Ordinary Unsecured Creditors, excluding those of non-arm's length creditors, will receive payment from the Dividend Fund on the following basis: (i) payment of the lesser of the amount of their Claim or $1,500; and (ii) as to the balance of their Claim, if any, after deducting the cash payment referred to in (i) above, each Ordinary Unsecured Creditor will receive its pro rata pari passu share of the remaining amount of the Dividend Fund, to be paid within three months of Court Ratification of the Proposal. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: trustee · amount low: 1500 · amount high: 1500 · class label: Ordinary Unsecured Creditors · interim final: unstated · conditional on: 100% of the first $1,500 of each Proven Claim; pro rata pari passu share of the balance from the Dividend Fund · claims qualifier: unstated · table missing: