Quebec · NOI
Report of the Trustee on the financial situation of the Debtor and on the Proposal – dated December 22, 2014
Court officer report · 22 December 2014
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: plan · quote: the Trustee estimates that the funds of $180,000 available for distribution over four (4) years to the Ordinary Unsecured Creditors would represent an estimated recovery of 11% of the Ordinary Unsecured Claims, as follows: · pct of: unstated · outcome: distribution · pct low: 11 · pct high: 11 · class key: unsecured · stated by: proposal_trustee · amount low: 180000 · amount high: 180000 · class label: Ordinary Unsecured Creditors · claims amount: 1622000 · interim final: unstated · conditional on: Acceptance of the Proposal by the unsecured creditors and approval by the Court; funded by the Potential Purchaser · cents on dollar: 11 · claims qualifier: estimated; basis: liquidation_alternative · quote: Therefore, there would be no amount available to distribute to the Unsecured Creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: proposal_trustee · class label: Unsecured Creditors · interim final: unstated · claims qualifier: unstated · stated on: 2014-12-22 · table missing: