Quebec · CCAA
Motion for a Third Extension
Application / notice of application · 9 January 2015
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: liquidation_alternative · quote: an immediate bankruptcy and liquidation of all assets would be insufficient to pay the claims of secured creditors such that creditors with unsecured pre-filing claims would suffer a total loss. · pct of: unstated · outcome: nil · class key: unsecured · stated by: debtor · class label: unsecured pre-filing claims · interim final: unstated · conditional on: an immediate bankruptcy and liquidation of all assets · claims qualifier: unstated; basis: liquidation_alternative · quote: the alternative would be a bankruptcy with no dividend for unsecured creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: debtor · class label: unsecured creditors · interim final: unstated · conditional on: the alternative would be a bankruptcy · claims qualifier: unstated · table missing: