Quebec · CCAA
Motion for an Interim Stay of the Class Action commenced under Superior Court File 450-06-000001-132 – dated February 20, 2015
Application / notice of application · 20 February 2015
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: Creditors having Wrongful Death Claims shall, in the aggregate, receive 24% of the Funds for Distribution in full and final satisfaction of their Proven Claims as against the Released Parties. · pct of: proven_claims · outcome: distribution · pct low: 24 · pct high: 24 · class key: unsecured · stated by: debtor · class label: Creditors having Wrongful Death Claims · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: Creditors having Bodily Injury and Moral Damages Claims shall, in the aggregate, receive 7.8% of the Funds for Distribution in full and final satisfaction o i i be distributed by the Monitor in accordance with the mechanism set forth in Schedule G hereto. · pct of: unstated · outcome: distribution · pct low: 7.8 · pct high: 7.8 · class key: unsecured · stated by: debtor · class label: Creditors having Bodily Injury and Moral Damages Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Creditors having Property and Economic Damages Claims shall, in the aggregate, receive 12% of the Funds for Distribution in full and final satisfaction o i r i be distributed by the Monitor in accordance with the mechanism set forth in Schedule H hereto. · pct of: unstated · outcome: distribution · pct low: 12 · pct high: 12 · class key: unsecured · stated by: debtor · class label: Creditors having Property and Economic Damages Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Creditors having Subrogated Insurer Claims shall, in the aggregate, receive 4% of the Funds for Distribution in full and final satisfaction of their Proven Claims as against the Released Parties. · pct of: proven_claims · outcome: distribution · pct low: 4 · pct high: 4 · class key: unsecured · stated by: debtor · class label: Creditors having Subrogated Insurer Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Creditors having Government Claims shall, in the aggregate, receive 52.2% of the Funds for Distribution in full and final satisfaction of their Proven Claims as against the Released Parties. · pct of: proven_claims · outcome: distribution · pct low: 52.2 · pct high: 52.2 · class key: unsecured · stated by: debtor · class label: Creditors having Government Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: For greater certainty, Creditors having Indemnity Claims and Non-Derailment Claims shall not be entitled to distribution under this Plan or the U.S. Plan in relation to the Indemnity Fund and shall have no right to any portion of the Funds for Distribution. · pct of: unstated · outcome: nil · class key: unsecured · stated by: debtor · class label: Creditors having Indemnity Claims and Non-Derailment Claims · interim final: unstated · claims qualifier: unstated · table missing: