Ontario · Proposal
Proposal – dated September 9, 2016
Proposal document · 9 September 2016
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: Superintendent's Levy: the Superintendent's Levy shall be paid in full; · pct of: unstated · outcome: paid_in_full · stated by: debtor · class label: Superintendent's Levy · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Mandatory Payment Claims: Mandatory Payment Claims shall be paid in full; · pct of: unstated · outcome: paid_in_full · stated by: debtor · class label: Mandatory Payment Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Preferred Creditors: Preferred Claims shall be paid in full, without interest; and · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: Preferred Creditors · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Unsecured Claims: $100,000 of the Available Funds shall be set aside by the Proposal Trustee to comprise of the Distribution Fund which shall be distributed pro-rata to Proven Affected Creditors on account of their Proven Affected Claims (other than D&O Claims) at such times, if any, as the Proposal Trustee shall determine in consultation with the Inspectors. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: debtor · amount low: 100000 · amount high: 100000 · class label: Unsecured Claims (Proven Affected Creditors) · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Claims arising in respect of goods supplied, services rendered or other consideration given to the Company, with the acceptance of the Company, subsequent to the NOI Filing Date shall be paid in full from the Available Funds 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 goods and services claims · interim final: unstated · claims qualifier: unstated · table missing: