Quebec · CCAA
Twenty-fourth report of the Monitor – dated October 20, 2016
Court officer report · 20 October 2016
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: Bodily Injury and Moral Damage Claims: as reported in the Monitor's Twenty-Third Report, the Monitor has made interim distributions totalling 75% of Proven Claims in this category, as valued in accordance with Schedule F to the Amended Plan. · pct of: proven_claims · outcome: distribution · pct low: 75 · pct high: 75 · class key: unsecured · stated by: monitor · cumulative: true · class label: Bodily Injury and Moral Damage Claims · interim final: interim · claims qualifier: unstated; basis: estimated · quote: Based on the terms of the Amended Plan and the review of the claims, the estimated distribution for each Proven Claim will be 56% of the accepted claim amount. · pct of: unstated · outcome: distribution · pct low: 56 · pct high: 56 · class key: unsecured · stated by: monitor · class label: Property and Economic Damages Claims · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: As noted in the Monitor's Twenty-Third Report, the Monitor has determined that it can proceed with the payment of interim distributions which will total 50% of the estimated total distribution to claimants holding Proven Claims. · pct of: unstated · outcome: distribution · pct low: 50 · pct high: 50 · class key: unsecured · stated by: monitor · class label: Property and Economic Damages Claims · interim final: interim · claims qualifier: unstated · stated on: 2016-10-20 · table missing: