Ontario · NOI
Source one financial corporation et al Order
Plan sanction / final order · 18 December 2023
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 filing2 verified · 2 withheld
- counselAird & Berlis LLP
- recovery outcomeentries: basis: plan · quote: All Proven Pre-Filing Crown Claims (if any) shall be paid in full by the Sponsor outside of this Funded Proposal Payment. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: Crown Claims · interim final: unstated · conditional on: Proven · claims qualifier: unstated; basis: plan · quote: All Proven Employee Preferred Claims (if any) shall be paid in full by the Sponsor outside of this Funded Proposal Payment immediately after Court Approval. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: Employee Preferred Claims · interim final: unstated · conditional on: Proven · claims qualifier: unstated; basis: plan · quote: Proven Preferred Claims (if any), other than Employee Preferred Claims, shall be paid in full, without interest, out of the Funded Proposal Payment on the Implementation Date. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: Preferred Claims (other than Employee Preferred Claims) · interim final: unstated · conditional on: Proven · claims qualifier: unstated; basis: plan · quote: Creditors holding Proven Unsecured Claims shall receive, on a pro rata basis, payment out of the Funded Proposal Payment. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: debtor · class label: Unsecured Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Equity Claims shall not receive any distribution, payment or other consideration under this Proposal. · pct of: unstated · outcome: nil · class key: equity · stated by: debtor · class label: Equity Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: No payment shall be made out of the Funded Proposal Payment, or in respect of this Proposal, to Non-Participating Creditors or to Existing Equity Holders. · pct of: unstated · outcome: nil · class key: equity · stated by: debtor · class label: Non-Participating Creditors and Existing Equity Holders · interim final: unstated · claims qualifier: unstated · stated on: 2023-11-01 · table missing:
2 extracted values are withheld: either a trap-shaped field where models produce confident wrong numbers, or an identity value whose quotation could not be found in the document. Withheld values are shown to no one.