Quebec · Receivership (court-appointed)
Report of Trustee on Proposal – dated December 17, 2010
Court officer report · 17 December 2010
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What we verified from this filing1 verified
- recovery outcomeentries: basis: estimated · quote: The estimated distribution tothe Ordinary Creditors ina Proposal isapproximately $0.10 on the dollar, which isgreater than the estimated dividend ofapproximately $0.01 on the dollar inthe event ofa bankruptcy. · pct of: unstated · outcome: distribution · pct low: 10 · pct high: 10 · class key: unsecured · stated by: trustee · class label: Ordinary Creditors · interim final: unstated · cents on dollar: 10 · claims qualifier: unstated · stated on: 2010-12-17 · table missing: We estimate that the distribution to ordinary creditors identified inthe Debtor's Statement ofAffairs could correspond tothe following:; In a bankruptcy scenario, based on the value ofthe assets and liabilities asreflected inthe Statement ofAffairs dated December 2, 2010, we estimate that the distribution would be as follows: