Alberta · CCAA
Application (Interim Distribution, Claims Process and Stay Extension)
Application / notice of application · 14 November 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: unstated · quote: The Applicant requests Court approval to make an interim distribution from the Proceeds to the Agent in the amount of $100 million, which is to be distributed to the Lenders in partial satisfaction of the indebtedness owing to them by the Applicant. · pct of: unstated · outcome: distribution · class key: secured · stated by: debtor · amount low: 100000000 · amount high: 100000000 · class label: Lenders · creditor name: Canadian Imperial Bank of Commerce (as Administrative Agent) · interim final: interim · claims qualifier: unstated · table missing: