British Columbia · Bankruptcy
Minutes to the First Meeting of Creditors
Meeting materials · 9 August 2023
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What we verified from this filing1 verified
- recovery outcomeentries: basis: estimated · quote: Accordingly, it is anticipated that there will be no distribution to unsecured creditors of ART. · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: unsecured creditors of ART · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: Based on the information made available to the Trustee, and as noted above, the estimated realizable value of the Equity Interests, is nil and the realizable value of the Inter-company Claim, if anything, will be insufficient to repay the secured claim of Grofondi. · pct of: unstated · outcome: shortfall · class key: secured · stated by: trustee · class label: secured claim of Grofondi · creditor name: Grofondi · interim final: unstated · claims qualifier: unstated · table missing: