Ontario · CCAA
The purpose of this One Hundred and Twenty Fifth Report of the Monitor (“Report”) is to report on the Monitor’s motion seeking this Court’s approval of a procedure (the “Dunn Claims Resolution Procedure”) to resolve the proofs of claim (the “Dunn Claims”) filed by Frank Dunn (“Dunn”) in the CCAA proceedings
Court officer report · 22 January 2016
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: unstated · quote: Further and in any event, even if a claim were provable in respect of RSUs (which is expressly denied), any such claim is a subordinated equity claim that would not be entitled to any distribution in the circumstances of the CCAA proceedings and is hereby disallowed in full on such basis. · pct of: unstated · outcome: nil · class key: equity · stated by: monitor · class label: subordinated equity claims (RSU-based compensation claims) · creditor name: Frank Dunn · interim final: unstated · claims qualifier: unstated · table missing: