Quebec · Proposal
Notice of Proposal to Creditors • June 30, 2004
Notice to creditors · 30 June 2004
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What we verified from this filing2 verified
- financial positionnote: Condensed Statement of Affairs; assets shown are encumbered assets only; deficiency stated as $29,481,634.59. Liabilities: Secured $43,694,608.98, Unsecured $23,828,825.61. · basis: As declared and estimated by the Debtor · scope: entity - Groupe Bocenor Inc. · currency: CAD · total assets: 38041800 · total liabilities: 67523434.59
- recovery outcomeentries: basis: plan · quote: Employee Claims shall be paid in full in the normal course of business of the Corporation. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: Employee Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Such amount shall be used firstly to pay the Preferred Claims, then to pay, at the option of the creditor: (i) the lesser of the Proven Claim or the first one thousand five hundred dollars ($1,50ò) of the Unsecured Claims; or (ii) a pro rata and pari passu share of the balance of the Initial Distribution for the Proven claims of the other creditors in such class, without interest or penalty. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: debtor · amount low: 1500 · amount high: 1500 · class label: Unsecured Claims (first $1,500) · interim final: unstated · conditional on: the lesser of the Proven Claim or the first $1,500 of the Unsecured Claims; or a pro rata and pari passu share of the balance of the Initial Distribution · claims qualifier: unstated · table missing: