Alberta · CCAA
Monitor's Twenty-Third Report
Court officer report · 22 August 2016
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: actual · quote: Approximately 1654 Eligible Affected Creditors are being paid in full by the Convenience Payments. · pct of: unstated · outcome: paid_in_full · class key: unsecured · stated by: monitor · class label: Eligible Affected Creditors (Convenience Payments) · interim final: unstated · claims qualifier: unstated; basis: actual · quote: Pursuant to the Initial Cash Distributions and taking into account payments made pursuant to the Emergency Fund at this time, remaining Eligible Affected Creditors will receive distributions totalling approximately 12% of their remaining proven claims after deducting the Convenience Payments. · pct of: proven_claims · outcome: distribution · pct low: 12 · pct high: 12 · class key: unsecured · stated by: monitor · cumulative: true · class label: remaining Eligible Affected Creditors · interim final: unstated · claims qualifier: unstated; basis: actual · quote: Including payments made to DIL Depositors pursuant to the Emergency Fund and required annual minimum payments to holders of registered retirement income funds ('RRIF(s)') and locked in income funds ('LIF(s)'), DIL Depositors have received distributions totalling approximately 61% of their original investments as recorded in DIL's books and records on the Filing Date. · pct of: unstated · outcome: distribution · pct low: 61 · pct high: 61 · class key: unsecured · stated by: monitor · cumulative: true · class label: DIL Depositors · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: The Monitor does not anticipate that any further distributions will be made to DIL Depositors until such time as the Kelowna Loan can be realized upon. · pct of: unstated · outcome: nil · class key: unsecured · stated by: monitor · class label: DIL Depositors · interim final: unstated · conditional on: until such time as the Kelowna Loan can be realized upon · claims qualifier: unstated · stated on: 2016-08-22 · table missing: