Quebec · NOI
Application for the Approval of a Proposal
Application / notice of application · 27 July 2020
What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: Professional Fees: The Professional Fees will be paid in full by the Companies as they become due in priority to all Preferred Claims and Unsecured Claims. · pct of: unstated · outcome: paid_in_full · stated by: debtor · class label: Professional Fees · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Post-Filing Claims: Post-Filing Claims will be paid in full by the Companies 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: Crown Claims: Any Crown Claims, without interest, will be paid in full within six (6) months after issuance of the Proposal Approval Order, or as may otherwise be arranged with the Crown. · 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: Preferred Claims: Any Preferred Claims, without interest, will be paid in full within six (6) months after issuance of the Proposal Approval Order, or as may otherwise be arranged with individual Preferred Creditors. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: Preferred Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: D&O Claims: The D&O Claims will be paid in full within thirty (30) days after issuance of the Proposal Approval Order, or as may otherwise be arranged with holders of such Claims. · pct of: unstated · outcome: paid_in_full · stated by: debtor · class label: D&O Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: In light of the foregoing, the unsecured creditors with a claim not exceeding $100,000 could receive an approximate dividend between 9.4% and 100%. · pct of: unstated · outcome: distribution · pct low: 9.4 · pct high: 100 · class key: unsecured · stated by: trustee · class label: unsecured creditors with a claim not exceeding $100,000 · interim final: unstated · claims qualifier: unstated; basis: plan · quote: The unsecured creditors with a claim exceeding $100,000 could receive an approximate dividend of 3.8%. · pct of: unstated · outcome: distribution · pct low: 3.8 · pct high: 3.8 · class key: unsecured · stated by: trustee · class label: unsecured creditors with a claim exceeding $100,000 · interim final: unstated · claims qualifier: unstated; basis: plan · quote: The Amended Proposal is beneficial to the mass of the Debtors' creditors with an average dividend of approximately 5.2% as compared to 4.1% in the event of a bankruptcy. · pct of: unstated · outcome: distribution · pct low: 5.2 · pct high: 5.2 · class key: unsecured · stated by: trustee · class label: the mass of the Debtors' creditors · interim final: unstated · claims qualifier: unstated; basis: liquidation_alternative · quote: The Amended Proposal is beneficial to the mass of the Debtors' creditors with an average dividend of approximately 5.2% as compared to 4.1% in the event of a bankruptcy. · pct of: unstated · outcome: distribution · pct low: 4.1 · pct high: 4.1 · class key: unsecured · stated by: trustee · class label: the mass of the Debtors' creditors · interim final: unstated · claims qualifier: unstated · stated on: 2020-07-08 · table missing: