Alberta · CCAA
Monitor's Fifteenth Report dated January 9, 2017
Court officer report · 9 January 2017
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 filing1 verified
- recovery outcomeentries: basis: estimated · quote: the Third Interim Distribution to the Syndicate from the Net Sale Proceeds in the amount of CAD$60 million on the basis that the Monitor retain a Holdback from the Net Sale Proceeds and Net Collections in the aggregate amount of CAD$33 million for the reasons set out in this report; and · pct of: unstated · outcome: distribution · currency: CAD · class key: secured · stated by: monitor · amount low: 60000000 · cumulative: false · amount high: 60000000 · class label: Syndicate · creditor name: Syndicate · interim final: interim · currency quote: CAD$60 million · claims qualifier: unstated; basis: actual · quote: To date, the Company has made Court approved post-filing interim distributions to the Syndicate in the aggregate amount of CAD$139 million. · pct of: unstated · outcome: distribution · currency: CAD · class key: secured · stated by: monitor · amount low: 139000000 · cumulative: true · amount high: 139000000 · class label: Syndicate · creditor name: Syndicate · interim final: interim · currency quote: CAD$139 million · claims qualifier: unstated · stated on: 2017-01-09 · table missing: