Quebec · CCAA
Preliminary Administration Report of the Trustee
Court officer report · 9 February 2023
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: estimated · quote: The Trustee does not expect that there will be an amount available for distribution to the unsecured creditors from the realization of the Companies' assets. · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: unsecured creditors · claims amount: 69000000 · interim final: unstated · claims qualifier: estimated; basis: unstated · quote: Any net proceeds from the sale or disposition of the minority interest in ZenPharm is to be distributed to the Secured Creditor in accordance with the Approval and Vesting Order. · pct of: unstated · outcome: distribution · class key: secured · stated by: trustee · class label: Secured Creditor · creditor name: 2657408 Ontario Inc. · interim final: unstated · claims qualifier: unstated · table missing: