A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: The SECURED CLAIMS shall be paid in accordance with arrangement existing between the COMPANY and the holders of SECURED CLAIMS or as may be arranged between the COMPANY and the holders of SECURED CLAIMS. · pct of: unstated · outcome: distribution · class key: secured · stated by: debtor · class label: SECURED CLAIMS · interim final: unstated · claims qualifier: unstated; basis: plan · quote: CROWN CLAIMS, which shall be paid within six (6) months after PROPOSAL APPROVAL; · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: CROWN CLAIMS · interim final: unstated · claims qualifier: unstated; basis: plan · quote: EMPLOYEE CLAIMS, if any, will be paid in full immediately after PROPOSAL APPROVAL, and to this end, the DEBTOR undertakes forthwith after the date of PROPOSAL APPROVAL to pay to the TRUSTEE such additional sums as may be required to pay all amounts due to employees and former employees hereunder should same exceed the PROPOSAL AMOUNT, or conversely, payment of same shall form a part thereof; · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: EMPLOYEE CLAIMS · interim final: unstated · claims qualifier: unstated; basis: plan · quote: The PREFERRED CLAIMS, without interest, will be paid in full in priority to all claims of ORDINARY CREDITORS; · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: PREFERRED CLAIMS · interim final: unstated · claims qualifier: unstated; basis: plan · quote: The balance of the PROPOSAL AMOUNT (after deduction of the amounts paid in accordance with paragraphs 4(b), (c) and (d)) will be distributed to the ORDINARY CREDITORS, on a pro rata basis of their ORDINARY CLAIMS, in full and final settlement of their ORDINARY CLAIMS, without interest, as follows: · pct of: unstated · outcome: distribution · class key: unsecured · stated by: debtor · class label: ORDINARY CREDITORS · interim final: unstated · claims qualifier: unstated · table missing: