Alberta · CCAA
11. Eleventh Report of the Monitor
Court officer report · 16 March 2010
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 filing3 verified
- purchaserprice: sealed: false · scope: the Stonefell Terminal · status: proposed · name note: purchaser of the Stonefell Terminal, unnamed · structure: assets · name source: recital · relationship: unstated
- recovery outcomeentries: basis: plan · quote: The Plan Funds that will be made available will allow for the payment of 100% of the valid and proven claims of the Lienholders and up to the first $10,000 in full plus 55% of the valid and proven claims of the Affected Creditors. · pct of: proven_claims · outcome: paid_in_full · pct low: 100 · pct high: 100 · class key: secured · stated by: monitor · class label: Lienholders · interim final: unstated · claims qualifier: unstated; basis: plan · quote: The Plan provides for a recovery to Affected Creditors of 55% of the Proven Claim. · pct of: proven_claims · outcome: distribution · pct low: 55 · pct high: 55 · class key: unsecured · stated by: monitor · class label: Affected Creditors · interim final: unstated · conditional on: 100% of the first $10,000 of each Proven Claim; 55% of the Proven Claim in excess of $10,000 · claims qualifier: unstated · stated on: 2010-03-16 · table missing:
- sale outcometext: Stonefell Terminal sale pending, expected to close next month · scope: parcel · status: pending_approval