Quebec · NOI
Notice of Proposal to Creditors – dated May 11, 2009
Proposal document · 11 May 2009
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: The Employees' Claims will be paid in full, immediately following Proposal Approval. · pct of: unstated · outcome: paid_in_full · stated by: trustee · class label: Employee Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: All Crown's Claims, to the extent not already paid by the Debtor in the ordinary course of the Debtor's business, shall be paid in full, within six (6) months after Proposal Approval or as may otherwise be arranged with the Crown. · pct of: unstated · outcome: paid_in_full · stated by: trustee · class label: Crown's Claims · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: | Claims equal or less than $500 | 22 | 100% | (5,613) | · pct of: unstated · outcome: paid_in_full · pct low: 100 · pct high: 100 · class key: unsecured · stated by: trustee · class label: Claims equal or less than $500 · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: | Claims greater than $500 | 115 | 0.34% | (57,000) | · pct of: unstated · outcome: distribution · pct low: 0.34 · pct high: 0.34 · class key: unsecured · stated by: trustee · class label: Claims greater than $500 · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: | Estimated total percentage of distribution to unsecured creditors | | | 0.65% | · pct of: unstated · outcome: distribution · pct low: 0.65 · pct high: 0.65 · class key: unsecured · stated by: trustee · class label: Unsecured claims, net of the first $500 dividend · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: | B) Additional Fund to CDPQ | | | S 100,000 | · pct of: unstated · outcome: distribution · class key: secured · stated by: trustee · amount low: 100000 · amount high: 100000 · class label: CDPQ · creditor name: CDPQ · interim final: unstated · claims qualifier: unstated; basis: liquidation_alternative · quote: As previously noted, in the event of a Bankruptcy and an ensuing liquidation of the Company's assets, the secured creditors will suffer a substantial loss with no dividend available to the unsecured creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated · stated on: 2009-05-11 · table missing: