Quebec · CCAA
Eleventh Report to the Court Submitted by Deloitte Restructuring Inc. in its Capacity as Monitor dated September 27, 2023
Court officer report · 27 September 2023
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What we verified from this filing3 verified
- closing confirmedscope: substantially all the assets of UEC · outcome: completed · purchaser: EnergyLink US Inc. · date basis: unstated; scope: certain assets of UEC which were excluded from the Energylink Transaction · outcome: completed · effective: 2023-07-19 · purchaser: Western Midstream · date basis: stated; scope: Tiger Shares · outcome: completed · effective: 2023-01-27 · purchaser: Xebec UK · date basis: stated
- purchaserEnergyLink US Inc.; Western Midstream; Ivys; Forum European Smallcaps GMBH
- recovery outcomeentries: basis: estimated · quote: except for unsecured claims brought against BLA, as there currently is no distribution to unsecured creditors that is expected in this estate · pct of: unstated · outcome: nil · class key: unsecured · stated by: monitor · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: Considering the Proposed Allocation Method Report and the determination that no distribution to unsecured creditors of BLA is expected at this stage, the Monitor, in consultation with the Petitioners, has determined that it was not necessary to send notices to those Scheduled Employees who had been compensated further to the WEPP and who would not receive an additional distribution out of the CCAA proceedings, unless and until BLA files a plan, as the case may be. · pct of: unstated · outcome: nil · class key: unsecured · stated by: monitor · class label: unsecured creditors of BLA · creditor name: BLA · interim final: unstated · conditional on: unless and until BLA files a plan · claims qualifier: unstated · stated on: 2023-09-27 · table missing: