Alberta · CCAA
Notice of Application
Application / notice of application · 9 September 2020
What we verified from this filing1 verified
- recovery outcomeentries: basis: unstated · quote: provided that in no circumstance wil l TIC recover in excess of $1.1 million in the aggregate; · pct of: unstated · outcome: distribution · class key: unsecured · stated by: monitor · amount high: 1100000 · class label: TIC · creditor name: Tlicho Investment Corporation · interim final: unstated · conditional on: the lesser of 75% of the Distribution Pool or $1.0 million; plus 50% of any amount of the Distribution Pool that is greater than $1.7 million · claims qualifier: asserted; basis: unstated · quote: Subject to the approval of this Honourable Court, the Monitor and TIC have agreed to the TIC Settlement, which provides for a distribution to TIC in full satisfaction of the Subrogation Claim and the TIC Claim and provides for a significant distribution to the unsecured creditors. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: monitor · class label: unsecured creditors of the Companies · interim final: unstated · claims qualifier: unstated · table missing: