British Columbia · CCAA
Twenty-Second Report of the Monitor - 4/29/2019
Court officer report · 3 August 2019
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: unstated · quote: At this time, the Monitor does not have any indication on the timing of an ultimate distribution in respect of Employee Claims. · pct of: unstated · outcome: undetermined · stated by: monitor · class label: Employee Claims (former employees of New Wolverine) · interim final: unstated · conditional on: Service Canada's review of EI overpayments must be completed · claims qualifier: unstated; basis: actual · quote: Upon Plan implementation, a distribution was made to creditors holding proven Restructuring Claims and Pre-commencement Claims totaling $2.3 million and details supporting the Employee Claims were forwarded to Service Canada on April 24, 2019 to allow the commencement of its review of EI overpayments. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: monitor · amount low: 2300000 · amount high: 2300000 · class label: creditors holding proven Restructuring Claims and Pre-commencement Claims · interim final: unstated · claims qualifier: unstated · table missing: