British Columbia · Proposal
Minutes of Proposal Creditor's Meeting
Meeting materials · 20 January 2022
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What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: Pursuant to the terms of the Proposal, $700,000 will be paid into the Proposal Fund by the Proposal Sponsor and it is estimated that the creditors may receive a dividend of approximately3%. · pct of: unstated · outcome: distribution · pct low: 3 · pct high: 3 · class key: unsecured · stated by: proposal_trustee · class label: General Unsecured Creditors · interim final: unstated · claims qualifier: unstated; basis: liquidation_alternative · quote: In a bankruptcy, the Trustee does not anticipate any proceeds to be realized and does not expect any realization for the Debtor's creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: proposal_trustee · class label: the Debtor's creditors · interim final: unstated · claims qualifier: unstated; basis: liquidation_alternative · quote: In a bankruptcy scenario we do not expect the creditors to receive a dividend. · pct of: unstated · outcome: nil · class key: unsecured · stated by: proposal_trustee · class label: the creditors · interim final: unstated · claims qualifier: unstated · stated on: 2022-01-07 · table missing: