Alberta · CCAA
12. Twelfth Report of the Monitor
Court officer report · 24 August 2009
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: estimated · quote: In the Confidential Eighth Report of the Monitor (which was made public on May 26, 2009) the Monitor estimated the recovery to EarthFirst's unsecured creditors to be approximately $0.85 on the dollar in the event the Dokie APA closed. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: monitor · class label: EarthFirst's unsecured creditors · interim final: unstated · conditional on: in the event the Dokie APA closed · claims qualifier: unstated; basis: estimated · quote: Based on the Monitor's understanding of the amendments to the Dokie APA i t r ei i y ig thn th Ftng unsecured creditors will be in a range of $0.45 to $0.70 on the dollar to the unsecured creditors (the "Adjusted Recovery"). · pct of: unstated · outcome: distribution · pct low: 45 · pct high: 45 · class key: unsecured · stated by: monitor · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: These changes wilì materially reduce the recovery to EarthFirst's unsecured creditors and will leave no recovery to EarthFirst's shareholders. · pct of: unstated · outcome: nil · class key: equity · stated by: monitor · class label: EarthFirst's shareholders · interim final: unstated · claims qualifier: unstated · stated on: 2009-08-24 · table missing: