Ontario · Receivership (court-appointed)
Motion Record – Proposal Approval
Application / notice of application · 6 November 2014
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: 4.4 The Proven Claims of Preferred Creditors are to be paid by the Trustee in full in priority to all claims of Unsecured Creditors in accordance with the scheme of distribution set forth in the Act. · pct of: proven_claims · outcome: paid_in_full · pct low: 100 · pct high: 100 · class key: preferred · stated by: debtor · class label: Preferred Creditors · interim final: unstated · claims qualifier: unstated; basis: plan · quote: 4.6 The Proven Claims of Unsecured Creditors with a value equal to or less than $600 shall be satisfied in full by receiving a cash payment of 100% of the value of the Proven Claim. · pct of: proven_claims · outcome: paid_in_full · pct low: 100 · pct high: 100 · class key: unsecured · stated by: debtor · class label: Unsecured Creditors with a value equal to or less than $600 · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: e. any unsecured creditor that does not qualify as an accredited investor, or does not file the requisite proof with the Purchaser of such qualification (the "Ineligible Unsecured Creditor"), with claims equal to or lesser than $600, shall have its claim paid in full; or · pct of: unstated · outcome: paid_in_full · pct low: 100 · pct high: 100 · class key: unsecured · stated by: debtor · class label: Ineligible Unsecured Creditor with claims equal to or lesser than $600 · interim final: unstated · claims qualifier: unstated · table missing: