Quebec · CCAA
Application for the Issuance of (i) a Sanction Order and (ii) a Late Claims and Extension Order & Exhibits
Application / notice of application · 9 October 2025
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 filing5 verified
- courtSUPERIOR COURT
- court file no500-11-064901-248
- provinceQUÉBEC
- commencement date15 November 2024
- recovery outcomeentries: basis: plan · quote: The approximately 109 Convenience Creditors (representing or 59% in number of the Affected Creditors) will receive a distribution equal to 100% of their Proven Claims. · pct of: proven_claims · outcome: paid_in_full · pct low: 100 · pct high: 100 · class key: unsecured · stated by: monitor · class label: Convenience Creditors · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Based on the information currently available, the Monitor estimates that the Initial Distribution will range from $1,403K to $1,628K, and will be distributed to the Convenience Creditors in an aggregate amount of $1,110K and to the Non-Convenience Creditors in an aggregate amount ranging from $293K to $518K. The Initial Distribution should provide for an overall average distribution rate ranging from approximately 19% to 22% of total claims, with Affected Creditors recovering, at a minimum, between 5% and 100% of their respective Proven Claims. · pct of: unstated · outcome: distribution · pct low: 19 · pct high: 22 · class key: unsecured · stated by: monitor · amount low: 1403000 · amount high: 1628000 · class label: Affected Creditors · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Under the low-end distribution contemplated by the Plan, 55 of the non-convenience class creditors are expected to receive a distribution exceeding 25%, between 26% and 96%. · pct of: unstated · outcome: distribution · pct low: 26 · pct high: 96 · class key: unsecured · stated by: monitor · class label: Non-convenience class creditors (low-end distribution) · interim final: unstated · claims qualifier: unstated · table missing: