Quebec · CCAA
Annexe 4c - Rapport du contrôleur, amendé le
Court officer report · 22 June 2005 · French
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 filing6 verified · 1 withheld
- cash on handnote: From the controller's summary cash budget table (figures in thousands of dollars); a forward-dated projection base shown as 'Encaisse au 25 juin 2005' of 44; projected cash at 5 August 2005 is 77 (thousands). · as at: 2005-06-25 · amount: 44000 · currency: CAD
- operational summaryPapiers Gaspésia's Chandler mill project is not operating; the debtors are under CCAA protection and seeking creditor approval of a plan that distributes about $10.5M after selling property and assets to the SDEIC, with the interim lenders funding wind-down and preservation costs.
- professional feesnote: A budgeted disbursement ('Honoraires professionnels' 460, in thousands) in the cash budget for the proposed stay extension; not stated as a fee total for any named party and not a figure excluding or including tax. · party: Professional fees (parties not specified; budgeted) · amount: 460000 · period: 25 June to 8 August 2005 · currency: CAD
- recovery outcomeentries: basis: plan · quote: Le dividende disponible pour les Créanciers Participants représentera environ 11.7 % du montant des réclamations prouvées et admises des Créanciers Participants. · pct of: proven_claims · outcome: distribution · pct low: 11.7 · pct high: 11.7 · class key: unsecured · stated by: monitor · class label: Créanciers Participants · interim final: unstated · claims qualifier: unstated; basis: plan · quote: chacun de leurs Prêts IQ sera considéré remboursé à 50 %, et leurs réclamations seront réputées acquittées en totalité, de sorte que ces créanciers ne recevront aucun dividende. · pct of: unstated · outcome: nil · stated by: monitor · class label: créanciers détenteurs d'une Réclamation de Construction ayant bénéficié d'un Prêt IQ · interim final: unstated · claims qualifier: unstated · table missing:
- report date22 June 2005
- sale outcometext: le Contrôleur a procédé à un appel d'offres et a reçu des offres pour des équipements spécifiques, des lots spécifiques, la totalité des lots ainsi que des offres de service pour liquider les actifs · scope: liquidation · status: liquidation_in_progress
1 extracted value is 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.