Ontario · NOI
Court Order dated March 13, 2014
Plan sanction / final order · 13 March 2014
A plain-language read of this filing opens with a subscription.
What we verified from this filing2 verified
- presiding officerJustice Wilton-Siegel
- recovery outcomeentries: basis: plan · quote: (A) for every one (1) Canadian dollar of the Reduced Claim Amount for such Proven Creditor as calculated by the Proposal Trustee, one (1) New Common Share; and · pct of: unstated · outcome: distribution · currency: CAD · class key: unsecured · stated by: proposal_trustee · class label: Unsecured Creditors (Proven Creditors) · interim final: unstated · currency quote: Canadian dollar · claims qualifier: unstated; basis: plan · quote: In connection with or as a result of the Implementation of this Proposal, Existing Shareholders shall not be entitled to any payment or other compensation on account of their Equity Claims under this Proposal · pct of: unstated · outcome: nil · class key: equity · stated by: proposal_trustee · class label: Existing Shareholders · interim final: unstated · claims qualifier: unstated; basis: plan · quote: The Proven Claims of all Preferred Creditors, if any, shall be paid without interest, in priority to the Claims of other Unsecured Creditors in accordance with section 136 of the BLA, including the Proven Claims of all employees or former employees for all amounts provable as described in subsection 60(1.3) of the BIA which, if any, shall be paid immediately after the Court Approval Date. · 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: All Crown Claims that were outstanding at the Filing Date, if any, shall be paid in full to Her Majesty in right of Canađa or a province, within six months after the Court Approval Date. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: proposal_trustee · class label: Crown Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Unaffected Creditors will not be entitled to receive any distributions under this Proposal with respect to their Unaffected Claims and Unaffected Claims shall not be compromised under this Proposal. · pct of: unstated · outcome: nil · stated by: proposal_trustee · class label: Unaffected Creditors · interim final: unstated · claims qualifier: unstated · table missing: