Quebec · CCAA
2_Plan of Arrangement
Plan of arrangement / compromise · 23 December 2005
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: Secured Creditors are not entitled to vote upon the Plan as their Secured Claim will be paid (out of the Proceeds and the Remaining Assets) in full in accordance with the Plan. · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: debtor · class label: Secured Creditors · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Unaffected Creditors are not entitled to vote upon the Plan as Unaffected Claims will be paid in full (out of the Proceeds and the Remaining Assets) to the Unaffected Creditors in accordance with this Plan. · pct of: unstated · outcome: paid_in_full · stated by: debtor · class label: Unaffected Creditors · interim final: unstated · claims qualifier: unstated; basis: plan · quote: - (1) with respect for the first $1,000 of their Unsecured Claim, the lesser of $1,000 and the amount of the Creditor's Unsecured Claim determined to be a Proved Claim; and · pct of: unstated · outcome: distribution · class key: unsecured · stated by: debtor · amount low: 1000 · amount high: 1000 · class label: Unsecured Creditors · interim final: unstated · conditional on: 100% of the first $1,000 of the Unsecured Claim; pro-rata share of the Distribution Fund for the balance over $1,000 · claims qualifier: unstated · table missing: