Ontario · CCAA
Supplement to the Fourteenth Report of the Monitor dated April 4, 2017
Court officer report · 4 April 2017
Also filed as: Supplement to the Fifth Report of the Monitor dated April 4, 2017
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 filing1 verified
- recovery outcomeentries: basis: estimated · quote: Subject to resolving claims filed by Tarion Warranty Corporation ('Tarion'), the Monitor expects to be able to make a distribution sufficient to repay all creditors of the Cumberland Entities 5 and to retain funds sufficient to repay disputed claims in the event they are admitted. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: monitor · class label: creditors of the Cumberland Entities · interim final: unstated · conditional on: Subject to resolving claims filed by Tarion Warranty Corporation · claims qualifier: unstated; basis: estimated · quote: | Potential shortfall to creditors | (16,232) | · pct of: unstated · outcome: shortfall · currency: CAD · class key: unsecured · stated by: monitor · class label: creditors in the Bay CCAA Proceedings · claims amount: 33657000 · interim final: unstated · currency quote: (C$000s; unaudited) · claims qualifier: unstated · shortfall amount: 16232000 · stated on: 2017-04-04 · table missing: