Ontario · Proposal
Onyxa - Proposal Package to Creditors
Proposal document · 30 October 2025
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: there will likely not be sufficient proceeds available to satisfy the RBC secured debt, and therefore no distribution would be made to unsecured creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: proposal_trustee · class label: unsecured creditors · interim final: unstated · conditional on: ultimately dependent on the net recovery from the sale of the Toryork Property · claims qualifier: unstated · stated on: 2025-10-30 · table missing: