Ontario · Proposal
Amended Proposal dated June 4, 2025.pdf
Proposal document · 4 June 2025
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: The Company shall remit to the Proposal Trustee the sum of $310,000 (the ' Unsecured Basket Amount ') within forty-five (45) days following the Effective Date, such that each Proven Claim in this category shall receive a pro rata share of the balance of the Unsecured Basket Amount, without interest; and · pct of: unstated · outcome: distribution · class key: unsecured · stated by: debtor · amount low: 310000 · amount high: 310000 · class label: Unsecured Claims (Ordinary Unsecured Claims) · interim final: unstated · conditional on: pro rata share of the balance of the Unsecured Basket Amount · claims qualifier: unstated; basis: plan · quote: Crown Claims: Any Crown Claims, without interest, will be paid in full by the Company within six (6) months after issuance of the Proposal Approval Order. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: Crown Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Post-Filing Claims: Post-Filing Claims shall be paid in full by the Company in the ordinary course of business, and on regular trade terms. · pct of: unstated · outcome: paid_in_full · stated by: debtor · class label: Post-Filing Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Professional Fees: Administrative Fees and Expenses shall be paid in full by the Company in accordance with section 2.5 herewith. · pct of: unstated · outcome: paid_in_full · stated by: debtor · class label: Professional Fees (Administrative Fees and Expenses) · interim final: unstated · claims qualifier: unstated · stated on: 2025-06-04 · table missing: