Nova Scotia · CCAA
Sanction Order
Plan sanction / final order · 10 April 2026
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 filing3 verified
- order date10 April 2026
- presiding officerJustice John Bodurtha
- recovery outcomeentries: basis: plan · quote: Any portion of a Secured Claim that exceeds the value of the applicable creditor's Secured Claim Amount, as determined in accordance with Section 4.04 hereof shall constitute an Unsecured Claim for all purposes of the Plan (a "Deficiency Claim").} · pct of: unstated · outcome: shortfall · class key: secured · stated by: court · class label: Secured Creditor Class (each Secured Creditor, limited to the Secured Claim Amount) · interim final: unstated · conditional on: Secured Creditors are paid only the Secured Claim Amount, i.e. the appraised first-priority collateral value; any excess is a Deficiency Claim · claims qualifier: unstated; basis: plan · quote: - (c) $200,000.00 representing the Unsecured Creditor Pool. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: court · amount low: 200000 · amount high: 200000 · class label: Unsecured Creditor Class (Unsecured Creditor Pool) · interim final: unstated · conditional on: Pool net of Convenience Creditor Distributions, shared pro rata among Admitted Unsecured Claims · claims qualifier: unstated · stated on: 2026-04-08 · table missing: