Quebec · CCAA
Twenty Third Report of the Monitor Extension
Court officer report · 20 June 2013
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What we verified from this filing1 verified
- recovery outcomeentries: basis: unstated · quote: Please be advised that Aveos will be seeking, on June 26, 2013, at 9:15 a.m., in room 16.12 of the Montreal Courthouse, the authorization from the Court to proceed with a third interim distribution in the amount of US$25,000,000 in favour of Credit Suisse AG, Cayman Islands Branch, as administrative agent on behalf of the Third Party Secured Lenders (the 'Agent'). · pct of: unstated · outcome: distribution · currency: USD · class key: secured · stated by: monitor · amount low: 25000000 · cumulative: false · amount high: 25000000 · class label: Secured Lenders · creditor name: Credit Suisse AG, Cayman Islands Branch, as administrative agent on behalf of the Third Party Secured Lenders · interim final: interim · currency quote: US$25,000,000 · claims qualifier: unstated; basis: actual · quote: The Court has already authorized, on October 24, 2012, the Chief Restructuring Officer ('CRO'), on behalf of Aveos, to proceed with a first interim distribution in the amount of US$12,500,000 in favour of the Agent and on February 1st, 2013, to proceed with a second interim distribution in the amount of US $ 12,500,000 again in favour of the Agent. · pct of: unstated · outcome: distribution · currency: USD · class key: secured · stated by: monitor · amount low: 12500000 · cumulative: false · amount high: 12500000 · class label: Third Party Secured Lenders · creditor name: Credit Suisse AG, Cayman Islands Branch, as administrative agent · interim final: interim · currency quote: US$12,500,000 · claims qualifier: unstated · table missing: