British Columbia · Proposal
Viceroy Building Solutions Ltd. - Entered Order Approving Proposal
Plan sanction / final order · 28 September 2016
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 filing2 verified
- presiding officerJustice Voith
- recovery outcomeentries: basis: plan · quote: If the Unsecured Creditor Class votes in favour of the Proposal, then on the Distribution Date, each Unsecured Creditor will receive its pro rata distribution of the following after payment to the Priority Creditors pursuant to Section 4.2 of the Proposal: · pct of: unstated · outcome: distribution · currency: CAD · class key: unsecured · stated by: trustee · amount low: 175000 · amount high: 175000 · class label: Unsecured Creditor Class · interim final: unstated · conditional on: each Unsecured Creditor receives pro rata share of $175,000 cash plus $175,000 promissory note, after payment to Priority Creditors, if the Unsecured Creditor Class votes in favour of the Proposal · currency quote: lawful currency of the Dominion of Canada · claims qualifier: unstated · table missing: