What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: Any federal and provincial government claims of the kind described in subsection 6(3) of the CCAA that were outstanding at the Filing Date shall be paid in full within six months after the Sanction Order, as required by subsection 6(3) of the CCAA. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: Crown Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Existing Equity Holders and holders of Equity Claims shall not be entitled to attend or vote in respect of their Equity Claims at any meeting to consider and approve this Plan and shall not receive any distribution under the Plan on account of their Existing Shares or Equity Claims. · pct of: unstated · outcome: nil · class key: equity · stated by: debtor · class label: Existing Equity Holders and holders of Equity Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Cequence will pay in full the Affected Claims of the Convenience Class Creditors, and all of the Affected Claims of the Convenience Class Creditors will be fully and finally forgiven, settled and extinguished. · pct of: unstated · outcome: paid_in_full · class key: unsecured · stated by: debtor · class label: Convenience Class Creditors · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Cequence will pay the Unsecured Creditors that are not Convenience Class Creditors (i) 100% of the first $1,500 of each Unsecured Claim, and (ii) payment of the Pro Rata Share in respect of each Unsecured Claim of the balance of the Unsecured Creditors' Fund, and each such Unsecured Creditor's Affected Claim will be fully and finally forgiven, settled and extinguished. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: debtor · amount low: 1500 · amount high: 1500 · class label: Unsecured Creditors that are not Convenience Class Creditors · interim final: unstated · conditional on: 100% of the first $1,500 of each Unsecured Claim; Pro Rata Share of the balance of the Unsecured Creditors' Fund thereafter · claims qualifier: unstated; basis: plan · quote: Notwithstanding the terms of Section 4.2 above, the Term Loan Lenders will not share in the distribution of the Unsecured Creditors' Fund in respect of the Term Loan Deficiency Claim. · pct of: unstated · outcome: nil · class key: secured · stated by: debtor · class label: Term Loan Lenders (Term Loan Deficiency Claim) · creditor name: Term Loan Lenders · interim final: unstated · claims qualifier: unstated · stated on: 2020-08-18 · table missing: