Quebec · Receivership (court-appointed)
Trustee’s Report on the Financial Situation of the Debtor and on the Proposal – dated December 3, 2010
Court officer report · 3 December 2010
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: It is estimated that the Proposal would provide the creditors with a dividend of approximately $0.10 on the dollar to the Ordinary Creditors as presented in the Statement of Affairs · pct of: unstated · outcome: distribution · pct low: 10 · pct high: 10 · class key: unsecured · stated by: proposal_trustee · amount low: 700000 · amount high: 700000 · class label: Ordinary Creditors (Proposal) · interim final: unstated · conditional on: Success of the Proposal is dependent on the successful conclusion of the Investor Group Transaction · cents on dollar: 10 · claims qualifier: unstated; basis: liquidation_alternative · quote: compared to an estimated dividend of $0.01 on the dollar in the event of a bankruptcy · pct of: unstated · outcome: distribution · pct low: 1 · pct high: 1 · class key: unsecured · stated by: proposal_trustee · class label: Ordinary Creditors (bankruptcy) · interim final: unstated · cents on dollar: 1 · claims qualifier: unstated · stated on: 2010-12-03 · table missing: