Ontario · CCAA
Motion Record (1 of 3) 05-04-2010
Application / notice of application · 4 May 2010
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: the Base Distribution, meaning (i) 100% of the amount of the Proven Claim (as defined in the Plan) that is less than or equal to CDN$1,000, plus (ii) 50% of the amount of the Proven Claim that is greater than CDN$1,000 and less than or equal to CDN$4,750; plus · pct of: proven_claims · outcome: distribution · pct low: 100 · currency: CAD · pct high: 100 · class key: unsecured · stated by: debtor · amount high: 1000 · class label: Proven Creditor (Affected Claims, Base Distribution slice ≤ CDN$1,000) · interim final: unstated · conditional on: 100% of the amount of the Proven Claim that is less than or equal to CDN$1,000 · currency quote: CDN$1,000 · claims qualifier: unstated; basis: plan · quote: ii) the Pro Rata Distribution, meaning an amount calculated by multiplying the Plan Support Fund Residual (CDN$1,925,000 less the aggregate total of Base Distributions) by the Proven Claim Residual (the amount of a Proven Claim less the Base Distribution on account of such Proven Claim), divided by the aggregate total of all Proven Claim Residuals. · pct of: proven_claims · outcome: distribution · pct low: 50 · currency: CAD · pct high: 50 · class key: unsecured · stated by: debtor · amount low: 1000 · amount high: 4750 · class label: Proven Creditor (Affected Claims, Base Distribution slice CDN$1,000–CDN$4,750) · interim final: unstated · conditional on: 50% of the amount of the Proven Claim that is greater than CDN$1,000 and less than or equal to CDN$4,750 · currency quote: CDN$4,750 · claims qualifier: unstated · table missing: