Ontario · Proposal
Notice of Proposal to Creditors, dated April 10, 2023
Notice to creditors · 10 April 2023
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What we verified from this filing1 verified · 1 withheld
- recovery outcomeentries: basis: unstated · quote: At this time, it is estimated that the Distribution Fund will be approximately 15% should all known creditors file a claim. · pct of: unstated · outcome: distribution · pct low: 15 · pct high: 15 · class key: unsecured · stated by: proposal_trustee · class label: Proven Creditors · interim final: unstated · conditional on: should all known creditors file a claim · claims qualifier: unstated; basis: estimated · quote: Accordingly, we anticipate an estimated recovery of approximately 15% for creditors with a Proven Claim. · pct of: proven_claims · outcome: distribution · pct low: 15 · pct high: 15 · class key: unsecured · stated by: proposal_trustee · class label: creditors with a Proven Claim · interim final: unstated · claims qualifier: unstated; basis: liquidation_alternative · quote: This amount provides for higher recovery for creditors than in a bankruptcy scenario which would result in no recoveries to any creditors without security on leased assets who would in turn take their encumbered equipment. · pct of: unstated · outcome: nil · class key: unsecured · stated by: proposal_trustee · class label: creditors without security on leased assets · interim final: unstated · claims qualifier: unstated · stated on: 2023-04-05 · table missing:
1 extracted value is withheld: either a trap-shaped field where models produce confident wrong numbers, or an identity value whose quotation could not be found in the document. Withheld values are shown to no one.