Ontario · Proposal
Proposal dated April 5, 2017
Proposal document · 5 April 2017
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: plan · quote: The Claim of each Secured Creditor shall be paid by the Debtor in accordance with agreements between the Debtor and the Secured Creditor or as otherwise agreed between the Secured Creditor and the Debtor. · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: debtor · class label: Secured Creditor · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Preferred Claims are to be paid in full in accordance with the BIA and the Proposal. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: Preferred Creditors · interim final: unstated · claims qualifier: unstated; basis: plan · quote: The Related Creditors claims shall receive no dividend under this Proposal. · pct of: unstated · outcome: nil · class key: unsecured · stated by: debtor · class label: Related Creditors · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Third, after making the distributions contemplated by paragraphs (a) and (b) pay to each Unsecured Creditor pro rata based on the proportion that the Proven Claim of such Unsecured Creditor bears to the total Proven Claims of all Unsecured Creditors, exclusive of Preferred Claim, Claims of Employee Creditors and Claims of Source Deduction Creditors. · pct of: proven_claims · outcome: distribution · class key: unsecured · stated by: debtor · class label: Unsecured Creditors · interim final: unstated · conditional on: pro rata based on the proportion that the Proven Claim of such Unsecured Creditor bears to the total Proven Claims of all Unsecured Creditors, exclusive of Preferred Claim, Claims of Employee Creditors and Claims of Source Deduction Creditors · claims qualifier: unstated · table missing: