Ontario · CCAA
Amended Plan of Compromise or Arrangement dated November 23, 2006
Plan of arrangement / compromise · 23 November 2006
Also filed as: Amended Plan of Compromise or Arrangement
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: an amount from the Affected Creditors Distribution Pool (subject to the reserves set out in Sections 5.1(b)(i), (ii), (iii) and (iv)) equivalent to 25% of the lessor of: · pct of: unstated · outcome: distribution · pct low: 25 · pct high: 25 · class key: unsecured · stated by: debtor · class label: Affected Creditor who, on the Effective Date, holds Affected Claims in an aggregate amount of $5,000 or less (or reduced to $5,000) · interim final: unstated · cents on dollar: 25 · claims qualifier: unstated; basis: plan · quote: Accordingly, no distributions shall be made pursuant to this Plan in respect of Intercompany Claims and all such Intercompany Claims shall be treated as Unaffected Claims and shall be fully preserved and not released, discharged nor extinguished pursuant to Section 6.1 hereof. · pct of: unstated · outcome: nil · class key: unsecured · stated by: debtor · class label: Intercompany Claims (Affiliates of Cantar) · interim final: unstated · related party: true · claims qualifier: unstated · stated on: 2006-11-23 · table missing: