Ontario · Foreign recognition (CCAA)
Seventh Report of the Information Officer dated November 26, 2025
Court officer report · 26 November 2025
What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: Canadians with PI Opioid Claims will be entitled to a pro rata distribution from the PI Trust, which PI Trust is expected to receive approximately 44.5% of the US$119.7 million of PPOC Trust Consideration to be paid over two years (or US$89.7 million if paid in full on the Effective Date of the Plan); · pct of: unstated · outcome: distribution · pct low: 44.5 · currency: USD · pct high: 44.5 · class key: unsecured · stated by: unstated · class label: Canadians with PI Opioid Claims (PI Trust) · interim final: unstated · conditional on: or US$89.7 million if paid in full on the Effective Date of the Plan · currency quote: US$119.7 million · claims qualifier: unstated; basis: plan · quote: the Canadian Provinces will be entitled to participate in the Canadian Provinces Trust, receiving their proportionate share of up to US$7.25 million; · pct of: unstated · outcome: distribution · currency: USD · class key: unsecured · stated by: unstated · amount high: 7250000 · class label: Canadian Provinces Trust · creditor name: Canadian Provinces · interim final: unstated · currency quote: US$7.25 million · claims qualifier: unstated; basis: plan · quote: Canadian Provinces will be entitled to participate in the Canadian Provinces Trust, receiving their proportionate share of up to US$7.25 million; · pct of: unstated · outcome: distribution · currency: USD · class key: unsecured · stated by: unstated · amount high: 200000 · class label: Canadian First Nations and Canadian Municipalities with Allowed Other Opioid Claims · interim final: unstated · currency quote: US$200,000 · claims qualifier: unstated; basis: plan · quote: Canadian claimants, including those whose contracts are not assumed, that hold Allowed Other General Unsecured Claims will be entitled to receive a pro rata distribution from the GUC Trust which is expected to receive US$2 million and 1.80% of any litigation proceeds received by the GUC Trust. · pct of: unstated · outcome: distribution · currency: USD · class key: unsecured · stated by: unstated · amount high: 2000000 · class label: Canadian claimants with Allowed Other General Unsecured Claims (GUC Trust) · interim final: unstated · currency quote: US$2 million · claims qualifier: unstated; basis: plan · quote: Canadians with Allowed PI Opioid Claims (which comprises personal injury claimants, including the Quebec Plaintiff) will be entitled to a pro rata distribution from the PI Trust, which PI Trust is expected to receive approximately 44.5% of the US$119.7 million of PPOC Trust Consideration to be paid over two years (or, under a prepayment option, US$89.7 million if paid in full on the Effective Date of the Plan, which the Information Officer understands was exercised). · pct of: unstated · outcome: distribution · pct low: 44.5 · currency: USD · pct high: 44.5 · class key: unsecured · stated by: unstated · class label: Canadians with Allowed PI Opioid Claims (PI Trust) · interim final: unstated · conditional on: or, under a prepayment option, US$89.7 million if paid in full on the Effective Date of the Plan, which the Information Officer understands was exercised · currency quote: US$119.7 million · claims qualifier: unstated; basis: plan · quote: the Canadian Provinces will be entitled to participate in the Canadian Provinces Trust, receiving their proportionate share of up to US$7.25 million paid over 10 years (or US$4.3 million if paid in full on the Effective Date of the Plan); · pct of: unstated · outcome: distribution · currency: USD · class key: unsecured · stated by: unstated · amount high: 7250000 · class label: Canadian Provinces Trust · creditor name: Canadian Provinces · interim final: unstated · conditional on: paid over 10 years (or US$4.3 million if paid in full on the Effective Date of the Plan) · currency quote: US$7.25 million · claims qualifier: unstated · table missing: