Newfoundland and Labrador · Proposal
Amended Proposal
Proposal document · 8 April 2026
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: The Proven Claims of the Preferred Creditors (excluding the Employee Claims) of the Debtor will be paid in full priority to the Proven Claims of other Unsecured Creditors in accordance with the BIA and the Proposal. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: Preferred Creditors · interim final: unstated · claims qualifier: unstated; basis: plan · quote: The Convenience Claim portion of Proven Claims of Unsecured Creditors will be paid in full, without interest; and · pct of: unstated · outcome: paid_in_full · class key: unsecured · stated by: debtor · amount low: 2000 · amount high: 2000 · class label: Unsecured Creditors (Convenience Claim portion) · interim final: unstated · conditional on: 100% of the first $2,000 (Convenience Claim) of each Unsecured Creditor's Proven Claim; pro-rata thereafter · claims qualifier: unstated; basis: plan · quote: On a pro-rata basis, in full and final satisfaction of Unsecured Creditors' Proven Claims which are to include claims of every nature and kind whatsoever, whether contingent or unliquidated, arising out of transactions entered into by Debtor prior to the Filing Date, payment from the Proposal Proceeds for Proven Claims of Unsecured Creditors, less payment made towards the Convenience Claim, without interest. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: debtor · class label: Unsecured Creditors · interim final: unstated · claims qualifier: unstated; basis: plan · quote: The Debtor proposes that Deferred Creditors shall not receive any distribution in this Proposal. · pct of: unstated · outcome: nil · stated by: debtor · class label: Deferred Creditors · interim final: unstated · claims qualifier: unstated; basis: plan · quote: all Crown Claims that were outstanding at the Filing Date, if any, shall be paid in full to Her Majesty in right of Canada or a province, within six months after the Court has granted the Approval Order; and · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: Crown Claims (Priority Creditors) · interim final: unstated · claims qualifier: unstated · table missing: