Saskatchewan · NOI
Trustee's Report dated October 31, 2022
Court officer report · 31 October 2022
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: Source Deduction Creditors, as defined in the Proposal, are to be paid in full from operational cash flows of the Companies on such date as agreed by CRA, provided it is no later than six (6) months following approval of the Proposal by the Court. · pct of: unstated · outcome: paid_in_full · pct low: 100 · pct high: 100 · class key: deemed_trust · stated by: proposal_trustee · class label: Source Deduction Creditors · interim final: unstated · claims qualifier: unstated; basis: plan · quote: The claims of Employee Creditors, as defined in the Proposal and capped at $2,000 per employee, shall be paid in full, subject to the Superintendent's Levy, from the Proposal Proceeds, as defined in the Proposal. · pct of: unstated · outcome: paid_in_full · pct low: 100 · pct high: 100 · stated by: proposal_trustee · class label: Employee Creditors · interim final: unstated · conditional on: capped at $2,000 per employee, subject to the Superintendent's Levy · claims qualifier: unstated; basis: plan · quote: Convenience Creditors will receive the first $1,000 of their proven claim from the Proposal Proceeds in full settlement of their claim. · pct of: unstated · outcome: paid_in_full · class key: unsecured · stated by: proposal_trustee · amount low: 1000 · amount high: 1000 · class label: Convenience Creditors · interim final: unstated · conditional on: first $1,000 of proven claim in full settlement of claim · claims qualifier: unstated; basis: estimated · quote: Therefore, the Proposal Trustee is estimating a range of 4.0% to 22.6% for a distribution to Pro Rata Creditors. · pct of: unstated · outcome: distribution · pct low: 4 · pct high: 22.6 · class key: unsecured · stated by: proposal_trustee · class label: Pro Rata Creditors · claims amount: 3180000 · interim final: unstated · conditional on: subject to the claim being admitted as a result of the Proposal Trustee's claims process · claims qualifier: estimated; basis: plan · quote: Additionally, the Related Party Creditors are not participating in the Proposal. · pct of: unstated · outcome: nil · class key: unsecured · stated by: proposal_trustee · class label: Related Party Creditors · interim final: unstated · related party: true · claims qualifier: unstated · table missing: