Ontario · Proposal
Book of Authorities hearing
Application / notice of application · 28 January 2020
What we verified from this filing6 verified
- appointeeDodick Landau Inc.
- appointee roleProposal Trustee
- courtSUPERIOR COURT OF JUSTICE
- court file no31-2551574
- provinceONTARIO
- recovery outcomeentries: basis: plan · quote: The remaining creditors, all trade creditors who, under the proposal, would recover 100 cents on the dollar, voted in favour of the proposal and the proposal was accepted. · pct of: unstated · outcome: paid_in_full · pct low: 100 · pct high: 100 · class key: unsecured · stated by: proposal_trustee · class label: trade creditors · interim final: unstated · related party: false · cents on dollar: 100 · claims qualifier: unstated; basis: plan · quote: for proven claims of less than $1,000, a dividend payment equal to the full amounts of the claim; · pct of: proven_claims · outcome: paid_in_full · pct low: 100 · pct high: 100 · class key: unsecured · stated by: proposal_trustee · class label: unsecured creditors (proven claims of less than $1,000) · interim final: unstated · cents on dollar: 100 · claims qualifier: unstated; basis: plan · quote: for proven claims between $1,000 and less than $10,000, a dividend payment of $1,000 within 30 days of the effective date; · pct of: unstated · outcome: distribution · class key: unsecured · stated by: proposal_trustee · amount low: 1000 · amount high: 1000 · class label: unsecured creditors (proven claims between $1,000 and less than $10,000) · interim final: unstated · claims qualifier: unstated; basis: plan · quote: for proven claims in excess of $10,000, a dividend payment of ten cents on the dollar payable in four equal payments over 12 months; and · pct of: unstated · outcome: distribution · pct low: 10 · pct high: 10 · class key: unsecured · stated by: proposal_trustee · class label: unsecured creditors (proven claims in excess of $10,000) · interim final: unstated · cents on dollar: 10 · claims qualifier: unstated; basis: plan · quote: with the only creditors unique to WGPL, being individual claims related to the payroll for the WALP Senior Management Team, all of which will be satisfied in full. · pct of: unstated · outcome: paid_in_full · pct low: 100 · pct high: 100 · class key: unsecured · stated by: proposal_trustee · class label: unique WGPL individual payroll claims (WALP Senior Management Team) · interim final: unstated · cents on dollar: 100 · claims qualifier: unstated; basis: liquidation_alternative · quote: In the event of bankruptcy of each of the Debtors, the Proposal Trustee reports that the unsecured creditors would receive no distribution, and any proceeds of any liquidation of the assets of each of the Debtors would be paid to the secured creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: proposal_trustee · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated · table missing: