Quebec · CCAA
Re-Amended Plan of Arrangement, dated April 21, 2022
Plan of arrangement / compromise · 21 April 2022
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What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: to each Convenience Creditor with a USD Proven Claim, the lesser of (i) the amount of its USD Proven Claim and (ii) the USD Convenience Amount in full and final satisfaction of its USD Proven Claim; and · pct of: unstated · outcome: distribution · currency: USD · class key: unsecured · stated by: debtor · class label: Convenience Creditor with a USD Proven Claim · interim final: unstated · conditional on: lesser of the amount of its USD Proven Claim and the USD Convenience Amount · currency quote: USD Proven Claim · claims qualifier: unstated; basis: plan · quote: to each Affected Creditor with a Non-Convenience USD Proven Claim, the ProRata Share. · pct of: unstated · outcome: distribution · currency: USD · class key: unsecured · stated by: debtor · class label: Affected Creditor with a Non-Convenience USD Proven Claim · interim final: unstated · currency quote: USD Proven Claim · claims qualifier: unstated; basis: plan · quote: all Employee Priority Claims, if any, will be paid in such amounts as required under the CCAA immediately after the Plan Implementation Date; · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: Employee Priority Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: all Crown Priority Claims, if any, will be paid in full by the Debtors within six months immediately following the Sanction Date; · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: Crown Priority Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: the Excluded Claims will remain in full force and effect in accordance with their terms after the Plan Implementation Date, and will be paid in full by the Debtors in the normal course of business, as and when they become due, provided that all claims secured by the Interim Lender Charge will be paid in full by the Debtors in accordance with Interim Financing Documents, but in any event by no later than thirty (30) days from the Plan Implementation Date; · pct of: unstated · outcome: paid_in_full · stated by: debtor · class label: Excluded Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: the Post-Filing Claims will be paid in full by the Debtors in the normal course of business as and when they become due; · pct of: unstated · outcome: paid_in_full · stated by: debtor · class label: Post-Filing Claims · interim final: unstated · claims qualifier: unstated · stated on: 2022-04-21 · table missing: