Quebec · CCAA
Amended Chapter 11 plan dated January 29, 2014 proposed by the unofficial committee of wrongful death claimants – dated March 10, 2014
Plan of arrangement / compromise · 29 January 2014
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: Holders of Class 6 Claims shall not receive or retain any property on account thereof under the Plan. · pct of: unstated · outcome: nil · class key: unsecured · stated by: debtor · class label: Class 6 (Other Derailment Claims) · interim final: unstated · claims qualifier: unstated; basis: plan · quote: In full settlement and satisfaction of each Allowed Class 4 Claim, the Allowed Amount thereof shall be paid in full in Cash on the Effective Date, except as otherwise agreed by the holder of any such Claim. · pct of: unstated · outcome: paid_in_full · pct low: 100 · pct high: 100 · class key: preferred · stated by: debtor · class label: Class 4 (Priority Non-Tax Claims) · interim final: unstated · claims qualifier: unstated; basis: plan · quote: All amounts due to the Lender (including interest and fees) shall, to the extent not previously paid, be paid in full on the Effective Date from Railroad Sale Proceeds as provided in Section 5.1(b)(i). · pct of: unstated · outcome: paid_in_full · pct low: 100 · pct high: 100 · class key: secured · stated by: debtor · class label: Lender (Camden National Bank) · creditor name: Camden National Bank · interim final: unstated · claims qualifier: unstated · table missing: