British Columbia · NOI
Notice of Application
Application / notice of application · 22 July 2024
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What we verified from this filing6 verified · 1 withheld
- applicantAutostrada Hospitality (Downtown) Ltd. and Autostrada Hospitality (Main St.) Ltd.
- commencement date22 July 2024
- courtIN THE SUPREME COURT OF BRITISH COLUMBIA IN BANKRUPTCY AND INSOLVENCY
- court file noB-240184
- statutory basissections 59(1), 59(2) and 60(5) of the Bankruptcy and Insolvency Act
- recovery outcomeentries: basis: liquidation_alternative · quote: In a bankruptcy scenario it is estimated that the unsecured creditors of Main St will not receive a dividend and the unsecured creditors of Downtown would receive 24 cents on the dollar. · pct of: unstated · outcome: nil · class key: unsecured · stated by: proposal_trustee · class label: unsecured creditors of Main St · interim final: unstated · claims qualifier: unstated; basis: liquidation_alternative · quote: In a bankruptcy scenario it is estimated that the unsecured creditors of Main St will not receive a dividend and the unsecured creditors of Downtown would receive 24 cents on the dollar. · pct of: unstated · outcome: distribution · pct low: 24 · pct high: 24 · class key: unsecured · stated by: proposal_trustee · class label: unsecured creditors of Downtown · interim final: unstated · cents on dollar: 24 · claims qualifier: unstated; basis: plan · quote: It is estimated that the proposal will provide 42 cents on the dollar to all proven unsecured creditors. · pct of: proven_claims · outcome: distribution · pct low: 42 · pct high: 42 · class key: unsecured · stated by: proposal_trustee · class label: all proven unsecured creditors · interim final: unstated · cents on dollar: 42 · claims qualifier: unstated; basis: plan · quote: Canada Revenue Agency will be paid in full with six months of court approval of the Proposal; · pct of: unstated · outcome: paid_in_full · class key: deemed_trust · stated by: debtor · class label: Canada Revenue Agency · creditor name: Canada Revenue Agency · interim final: unstated · conditional on: within six months of court approval of the Proposal · claims qualifier: unstated · stated on: 2024-05-16 · table missing:
1 extracted value is withheld: either a trap-shaped field where models produce confident wrong numbers, or an identity value whose quotation could not be found in the document. Withheld values are shown to no one.