Quebec · CCAA
H_Report of the Monitor on Plan • June 14, 2004
Court officer report · 14 June 2004
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: Further, the Plan contemplates a distribution of $11.9MM to the unsecured creditors of BSF representing a potential payout of approximately 37% for unsecured creditors of BSF other than Ivanhoe (based on BSF's books and records) · pct of: unstated · outcome: distribution · pct low: 37 · currency: CAD · pct high: 37 · class key: unsecured · stated by: monitor · amount low: 11900000 · amount high: 11900000 · class label: unsecured creditors of BSF other than Ivanhoe · interim final: unstated · currency quote: All amounts are stated in Canadian currency unless noted otherwise. · claims qualifier: unstated; basis: liquidation_alternative · quote: whereas in the case of an orderly liquidation of the assets, it is estimated that the unsecured creditors would receive a potential payout of approximately 22% of their claims. · pct of: unstated · outcome: distribution · pct low: 22 · currency: CAD · pct high: 22 · class key: unsecured · stated by: monitor · class label: unsecured creditors of BSF other than Ivanhoe (orderly liquidation) · interim final: unstated · currency quote: All amounts are stated in Canadian currency unless noted otherwise. · claims qualifier: unstated; basis: plan · quote: With regard to Les Ailes, the Plan contemplates a distribution of $3.7MM to the unsecured creditors, representing a potential payout of i0% for unsecured creditors of Les Ailes (based on the Les Ailes books and records) · pct of: unstated · outcome: distribution · pct low: 10 · currency: CAD · pct high: 10 · class key: unsecured · stated by: monitor · amount low: 3700000 · amount high: 3700000 · class label: unsecured creditors of Les Ailes · claims amount: 37000000 · interim final: unstated · currency quote: All amounts are stated in Canadian currency unless noted otherwise. · claims qualifier: estimated · stated on: 2004-06-07 · table missing: