Ontario · CCAA
Amended and Restated Plan of Arrangement blacklined to Restated Plan of Arrangement
Plan of arrangement / compromise · 27 September 2010
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: The Existing Shareholders will not be entitled to any distributions under the Plan or any other compensation from the CMI Entities on account of their Equity Claims in connection with or as a result of the transactions contemplated by the Plan. · pct of: unstated · outcome: nil · class key: equity · stated by: debtor · class label: The Existing Shareholders (Equity Claims) · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Notwithstanding Sections 4.2 to 4.4, any Person having an Intercompany Claim shall not be entitled to any distribution under the Plan. · pct of: unstated · outcome: nil · class key: unsecured · stated by: debtor · class label: Intercompany Claims · interim final: unstated · related party: true · claims qualifier: unstated; basis: plan · quote: The Noteholders shall not receive any distributions under the Plan from National Post or National Post Holdings. · pct of: unstated · outcome: nil · class key: secured · stated by: debtor · class label: Noteholders (claims against National Post or National Post Holdings) · creditor name: Noteholders · interim final: unstated · claims qualifier: unstated; basis: plan · quote: For greater certainty, the Labour Parties shall not receive any distributions from the Ordinary Creditors Pool or the Convenience Class Pool in respect of the Retiree Terminal Deficiency Claim or the CEP Terminal Deficiency Claim · pct of: unstated · outcome: nil · class key: unsecured · stated by: debtor · class label: Labour Parties (Retiree Terminal Deficiency Claim / CEP Terminal Deficiency Claim) · creditor name: Labour Parties · interim final: unstated · claims qualifier: unstated; basis: plan · quote: the Monitor on behalf of the CMI Entities shall distribute, from the Convenience Class Pool, to each Convenience Class Creditor with a Proven Distribution Claim on the Distribution Record Date or a Convenience Class Claim that subsequently becomes a Proven Distribution Claim an amount in cash equal to the lesser of (a) $5,000 and (b) the value of such Convenience Class Creditor's Proven Distribution Claim · pct of: unstated · outcome: distribution · class key: unsecured · stated by: debtor · amount high: 5000 · class label: Convenience Class Creditor · interim final: unstated · conditional on: 100% of the first $5,000 of a Proven Distribution Claim, if elected as Convenience Class · claims qualifier: unstated · table missing: