Alberta · Foreign recognition (CCAA)
13. Confirmation Order, granted
Plan sanction / final order · 16 December 2016
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: each holder of an Allowed Class 5 Claim shall receive its Pro Rata share of the Convenience Class Recovery Pool up to 40% of such Allowed Class 5 Claim. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: debtor · class label: Unsecured Convenience Class Claims (Class 5) · interim final: unstated · conditional on: Pro Rata share of the Convenience Class Recovery Pool up to 40% of such Allowed Class 5 Claim · claims qualifier: unstated; basis: plan · quote: each holder of an Allowed Class 6 Claim shall receive its Pro Rata share of the Unsecured Creditor Recovery Pool, which distribution shall be made in accordance with Article VI.F of the Plan. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: debtor · class label: General Unsecured Claims (Class 6) · interim final: unstated · claims qualifier: unstated; basis: plan · quote: In accordance with the Plan Settlement, the holders of Deficiency Lender Claims have agreed to forgo their right to receive their Pro Rata share of the Unsecured Creditor Recovery Pool; provided, however , that such holders shall be entitled to vote to accept or reject the Plan. · pct of: unstated · outcome: nil · class key: secured · stated by: debtor · class label: Deficiency Lender Claims · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: each holder of an Allowed Class 4 Claim shall receive: · pct of: unstated · outcome: distribution · class key: secured · stated by: debtor · class label: Allowed Class 4 Claims (Secured Lender Claims) · interim final: unstated · claims qualifier: unstated · table missing: