Newfoundland and Labrador · CCAA
Memorandum of Fact and Law - 01 Dec 2022
Application / notice of application · 1 December 2022
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: unstated · quote: While there is no evidence of consultations with unsecured creditors, I do not regard that as a material defíciency given that virtually all creditors, secured and unsecured alike, are going to be paid in full under the terms of the SARSA. · pct of: unstated · outcome: paid_in_full · class key: unsecured · stated by: court · class label: virtually all creditors, secured and unsecured alike · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: Because the transaction contemplates the cancellation of all existing shares and related rights in Harte Gold and the issue of new shares to the purchaser, the existing shareholders of Harte Gold will receive no recovery on their investment. · pct of: unstated · outcome: nil · class key: equity · stated by: court · class label: shareholders · interim final: unstated · claims qualifier: unstated · table missing: