Newfoundland and Labrador · Proposal
Pathway Signed Proposal December 12 2023
Proposal document · 12 December 2023
What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: Secured Creditors are not affected under the Proposal and will be paid in accordance with existing agreements between such Secured Creditors and the Debtor as amended from time or time or as may be arranged in the future between the Debtor and the Secured Creditors. · 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: It is a term of the Proposal that Eastern Roof and Floor Truss Manufacturing (2008) Inc. shall not be entitled to any distribution hereunder with respect to its Deferred Claim, and shall not vote on the Proposal. · pct of: unstated · outcome: nil · class key: unsecured · stated by: debtor · class label: Eastern Roof and Floor Truss Manufacturing (2008) Inc. (Deferred Creditor) · creditor name: Eastern Roof and Floor Truss Manufacturing (2008) Inc. · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Deferred Creditors shall not receive any distribution in this Proposal. · pct of: unstated · outcome: nil · class key: unsecured · stated by: debtor · class label: Deferred Creditors · interim final: unstated · claims qualifier: unstated; basis: plan · quote: The Proven Claims of the Preferred Creditors (excluding the Employee Claims) of the Debtor will be paid in full priority to the Proven Claims of other Unsecured Creditors in accordance with the BlA and the Proposal. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: Preferred Creditors · interim final: unstated · claims qualifier: unstated; basis: plan · quote: The Convenience Claim portion of Proven Claims of Unsecured Creditors will be paid in full, without interest; and · pct of: unstated · outcome: distribution · class key: unsecured · stated by: debtor · amount low: 2000 · amount high: 2000 · class label: Unsecured Creditors (Convenience Claim portion) · interim final: unstated · conditional on: The Convenience Claim portion (first $2,000) of Proven Claims of Unsecured Creditors will be paid in full, without interest; the balance is paid pro-rata · claims qualifier: unstated; basis: plan · quote: On a pro-rata basis, in full and final satisfaction of Unsecured Creditors' Proven Claims which are to include claims of every nature and kind whatsoever, whether contingent or unliquidated, arising out of transactions entered into by Debtor prior to the Filing Date, payment from the Proposal Proceeds for Proven Claims of Unsecured Creditors, less payment made towards the Convenience Ciaim, without interest. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: debtor · class label: Unsecured Creditors (balance of Proven Claims) · interim final: unstated · conditional on: pro-rata on the balance of Proven Claims after payment of the Convenience Claim · claims qualifier: unstated; basis: plan · quote: all Crown Claims that were outstanding at the Filing Date, if any, shall be paid in full to Her Majesty in right of Canada or a province, within six months after the Court has granted the Approval Order; and · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: Crown Claims (Priority Creditors) · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Post Filing Claims will be paid in full by the Debtor in the ordinary course of business and on regular trade terms, or as may otherwise be arranged with the holders of such Post Filing Claims. · pct of: unstated · outcome: paid_in_full · stated by: debtor · class label: Post Filing Claims · interim final: unstated · claims qualifier: unstated · table missing: