British Columbia · Proposal
Report of the Trustee on the Proposal - True Leaf Brands
Court officer report · 7 October 2020
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What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: Creditors with Priority Claims in accordance with the applicable provisions of the BIA, will be paid in full. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: proposal_trustee · class label: Creditors with Priority Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Based on the Unsecured Creditor Claims known to the Proposal Trustee at this time, it is anticipated that the Funds for Distribution will be sufficient to pay all Unsecured Creditor Claims approximately 9 cents on the dollar, less the applicable levy as indicated in the previous paragraph. · pct of: unstated · outcome: distribution · pct low: 9 · pct high: 9 · class key: unsecured · stated by: proposal_trustee · class label: Unsecured Creditors · interim final: unstated · conditional on: less the applicable levy payable to the OSB · cents on dollar: 9 · claims qualifier: unstated; basis: liquidation_alternative · quote: Accordingly, in a bankruptcy the expected distribution to the Unsecured Creditors would be NIL. · pct of: unstated · outcome: nil · class key: unsecured · stated by: proposal_trustee · class label: Unsecured Creditors · interim final: unstated · claims qualifier: unstated · stated on: 2020-10-07 · table missing: