Quebec · CCAA
Nineteenth Report to the Court Submitted by Samson Bélair/Deloitte & Touche Inc. in its Capacity as Monitor
Court officer report · 6 February 2013
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: estimated · quote: | Estimated dividend | 40.97% | 46.10% | 5.54% | 8.86% | 46.51% | 54.96% | · pct of: unstated · outcome: distribution · pct low: 46.51 · pct high: 54.96 · class key: unsecured · stated by: monitor · class label: Unsecured creditors (HII Consolidated, In Euros) · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: | HB4 | 8.70% | 7.45% | 26.66% | 42.69% | 35.36% | 50.15% | · pct of: unstated · outcome: distribution · pct low: 35.36 · pct high: 50.15 · class key: unsecured · stated by: monitor · class label: HB4 (bondholders) · creditor name: HB4 · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: | HB5 | 20.98% | 21.52% | 5.42% | 8.67% | 26.40% | 30.19% | · pct of: unstated · outcome: distribution · pct low: 30.19 · pct high: 30.19 · class key: unsecured · stated by: monitor · class label: HB5 (bondholders) · creditor name: HB5 · interim final: unstated · claims qualifier: unstated; basis: plan · quote: The Plan provides that Affected Creditors with Proven Claim(s) totaling $10K in the aggregate (referred to as a 'Convenience Class Claim') will have the option to elect to receive a single cash distribution representing 35% of their Convenience Class Claim, instead of their pro rata share of the Newco Common Shares, the Cash Pool and the Asset Realization Cash Pool. · pct of: unstated · outcome: distribution · pct low: 35 · pct high: 35 · class key: unsecured · stated by: monitor · class label: Affected Creditors with Proven Claim(s) totaling $10K (Convenience Class Claim) · interim final: unstated · conditional on: election to receive single cash distribution instead of pro rata share of Newco Common Shares, Cash Pool and Asset Realization Cash Pool · claims qualifier: unstated · table missing: The following table presents a summary of the actual fees advanced to Stichting since the Court Order was implemented, which will be offset against any dividend payable to Stichting from HII: