Quebec · CCAA
Application for Approval Assignment and Vesting Order, and other orders
Application / notice of application · 18 January 2025
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What we verified from this filing2 verified
- counselMcMillan LLP
- recovery outcomeentries: basis: estimated · quote: Given the value of the Share Purchase Price and relative value of the assets purchased, it is expected that the beneficiaries of the CCAA Charges (including the DIP Charge) and Accord Financial Inc. will be paid in full. · pct of: unstated · outcome: paid_in_full · class key: court_charges · stated by: debtor · class label: beneficiaries of the CCAA Charges (including the DIP Charge) · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: Given the value of the Share Purchase Price and relative value of the assets purchased, it is expected that the beneficiaries of the CCAA Charges (including the DIP Charge) and Accord Financial Inc. will be paid in full. · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: debtor · class label: Accord Financial Inc. · creditor name: Accord Financial Inc. · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: Sagard Healthcare Partners (Delaware) LP, the main pre-filing secured creditor of the Debtors will however not be fully repaid, such that there will be no distribution to pre-filing unsecured creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: debtor · class label: pre-filing unsecured creditors · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: Pursuant to the Proposed Transactions, holders of Valeo's common shares will not receive any payments for, or distribution on, or any value for their common shares in connection with the CCAA Proceedings. · pct of: unstated · outcome: nil · class key: equity · stated by: debtor · class label: holders of Valeo's common shares · interim final: unstated · claims qualifier: unstated · table missing: