Quebec · NOI
Motion for approval to sell certain assets of the Debtor -Bankrupt and for directions – dated April 29, 2024
Application / notice of application · 29 April 2024
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 filing9 verified · 2 withheld
- applicantRichter Inc.
- appointeeRichter Inc.
- appointee roleTrustee
- court file no500-11-063673-244
- provinceQUEBEC
- statutory basisBankruptcy and Insolvency Act, R.S.C. 1985, c. B-3
- statutory basisSections 34(1) and 183(1.1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3
- commencement date9 March 2024
- recovery outcomeentries: basis: estimated · quote: as of the date hereof, based on the estimated realizable value of the assets, the amounts due to the various secured creditors, the Trustee does not anticipate that there will be any dividends available to the preferred and ordinary creditors. · pct of: unstated · outcome: nil · class key: preferred · stated by: trustee · class label: preferred and ordinary creditors · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: Without completing a sales process, it is premature to determine if there will be a distribution to the preferred and ordinary creditors. · pct of: unstated · outcome: undetermined · class key: preferred · stated by: trustee · class label: preferred and ordinary creditors · interim final: unstated · claims qualifier: unstated · stated on: 2024-03-27 · table missing:
2 extracted values are 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.