Ontario · Proposal
Motion Record for Approval of Proposal (Returnable October 31, 2016) – dated October 24, 2016
Application / notice of application · 31 October 2016
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What we verified from this filing8 verified
- courtSUPERIOR COURT OF JUSTICE
- court file no32–2154391
- proceeding typebia_proposal
- provinceOntario
- applicantRichter Advisory Group Inc.
- appointeeRichter Advisory Group Inc.
- appointee roleproposal trustee
- recovery outcomeentries: basis: plan · quote: (ii) Superintendent's Levy: the Superintendent's Levy shall be paid in full; · pct of: unstated · outcome: paid_in_full · stated by: proposal_trustee · class label: Superintendent's Levy · interim final: unstated · claims qualifier: unstated; basis: plan · quote: (iii) Mandatory Payment Claims: Mandatory Payment Claims, if any, shall be paid in full; · pct of: unstated · outcome: paid_in_full · stated by: proposal_trustee · class label: Mandatory Payment Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: (iv) Preferred Creditors: Preferred Claims, if any, shall be paid in full, without interest; and · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: proposal_trustee · class label: Preferred Creditors · interim final: unstated · claims qualifier: unstated; basis: plan · quote: (v) Unsecured Claims: $100,000 of the Available Funds shall be set aside with the Proposal Trustee to comprise the Distribution Fund which shall be distributed pro-rata to Proven Affected Creditors on account of their Proven Affected Claims (other than D&O Claims). · pct of: unstated · outcome: distribution · class key: unsecured · stated by: proposal_trustee · amount low: 100000 · amount high: 100000 · class label: Unsecured Claims (Proven Affected Creditors) · interim final: unstated · claims qualifier: unstated; basis: plan · quote: As part of the Proposal, Elleway also agreed that if the conditions precedent set out in Section 5.1 of the Proposal are satisfied, it will waive any right to receive a distribution pro-rata with Proven Affected Creditors from the Distribution Fund on account of its Claim. · pct of: unstated · outcome: nil · stated by: proposal_trustee · class label: Elleway · creditor name: Elleway · interim final: unstated · conditional on: if the conditions precedent set out in Section 5.1 of the Proposal are satisfied · claims qualifier: unstated; basis: plan · quote: Claims arising in respect of goods supplied, services rendered or other consideration given to the Company, with the acceptance of the Company, subsequent to the NOI Filing Date shall be paid in full from the Available Funds in the ordinary course of business and on regular trade terms. · pct of: unstated · outcome: paid_in_full · stated by: proposal_trustee · class label: Post Filing Goods and Services Claims · interim final: unstated · claims qualifier: unstated · table missing: