Ontario · Proposal
Report of Trustee to the Creditors dated April 11, 2017
Court officer report · 11 April 2017
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What we verified from this filing8 verified
- appointeeMNP Ltd.
- appointee roleTrustee
- commencement date5 April 2017
- courtSUPERIOR COURT OF JUSTICE (IN BANKRUPTCY)
- court file no31-2237153
- provinceONTARIO
- statutory basisSection 50(5) of the Bankruptcy and Insolvency Act
- recovery outcomeentries: basis: plan · quote: The Related Creditors, namely Masterfile USA Corporation and Crestock Corporation, shall receive no dividend under the Proposal; · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: Related Creditors (Masterfile USA Corporation and Crestock Corporation) · interim final: unstated · claims qualifier: unstated; basis: plan · quote: | Estimated distribution to Unsecured Creditors (%) | 21.6% | · pct of: unstated · outcome: distribution · pct low: 21.6 · pct high: 21.6 · class key: unsecured · stated by: trustee · amount low: 750000 · amount high: 750000 · class label: Unsecured Creditors · claims amount: 3466482 · interim final: unstated · conditional on: Conditional on the approval of the Proposal by the Unsecured Creditors of MFC and the making of the Approval Order · claims qualifier: estimated · table missing: