Alberta · Proposal
Trustee’s Report on the Joint Proposal.pdf
Court officer report · undated
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: approximately 8.8%. · pct of: unstated · outcome: distribution · pct low: 8.8 · pct high: 8.8 · class key: preferred · stated by: proposal_trustee · class label: Preferred and Unsecured Creditors (under the Proposal) · interim final: unstated · claims qualifier: unstated; basis: liquidation_alternative · quote: As a result, there will be no dividends available for either the preferred or unsecured creditors of the Companies if a bankruptcy were to occur. · pct of: unstated · outcome: nil · class key: preferred · stated by: proposal_trustee · class label: preferred or unsecured creditors of the Companies · interim final: unstated · conditional on: if a bankruptcy were to occur · claims qualifier: unstated; basis: liquidation_alternative · quote: The ADL and TDNACC secured mortgagees, upon liquidation of the properties will likely receive payment in full. · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: proposal_trustee · class label: ADL and TDNACC secured mortgagees · interim final: unstated · conditional on: upon liquidation of the properties · claims qualifier: unstated · stated on: 2018-04-16 · table missing: