Quebec · CCAA
Plan of arrangement
Plan of arrangement / compromise · 28 July 2005
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: The Secured Creditors, in full and final satisfaction of their Secured Claims shall be paid in accordance with the agreements already in place subject to amendments. · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: debtor · class label: Secured Creditors · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Certain Crown Claims shall be paid in full within six (6) months of the Confirmation Order Date. · pct of: unstated · outcome: paid_in_full · class key: deemed_trust · stated by: debtor · class label: Certain Crown's Claim · interim final: unstated · claims qualifier: unstated; basis: plan · quote: The Corporations have set aside a maximum sum of $100,000 (the "Allocated Fund") to pay the First Dividend to the Unsecured Creditors. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: debtor · amount low: 100000 · cumulative: false · amount high: 100000 · class label: Unsecured Creditors · interim final: unstated · conditional on: each Unsecured Creditor receives the lesser of its Claim or up to $500 as an Initial Payment, plus a pro rata share of the balance of the $100,000 Allocated Fund, and possibly a Supplemental Dividend up to an aggregate of $3,000,000 · claims qualifier: unstated · stated on: 2005-07-28 · table missing: