Quebec · CCAA
Motion for a Fourteenth Order extending the Stay Period and for Approval of Professional Fees – dated April 18, 2016
Application / notice of application · 18 April 2016
A plain-language read of this filing opens with a subscription.
What we verified from this filing2 verified · 1 withheld
- presiding officerJustice Gaétan Dumas
- recovery outcomeentries: basis: actual · quote: Wrongful Death Claims: all funds (totalling $114 million) have been distributed in accordance with Schedule E to the Amended Plan; · pct of: unstated · outcome: distribution · class key: unsecured · stated by: monitor · amount low: 114000000 · amount high: 114000000 · class label: Wrongful Death Claims · interim final: unstated · claims qualifier: unstated; basis: actual · quote: Bodily lniury and Moral Damage Claims: on February 26, 2016, the Monitor commenced the payment of an interim distribution of approximately $25 million representing 50% of the amount estimated to be paid to each claimant, as valued in accordance with Schedule F to the Amended Plan. · pct of: unstated · outcome: distribution · pct low: 50 · pct high: 50 · class key: unsecured · stated by: monitor · amount low: 25000000 · cumulative: false · amount high: 25000000 · class label: Bodily Injury and Moral Damage Claims · interim final: interim · claims qualifier: unstated; basis: actual · quote: A further distribution of 25% of each claimant's estimated distribution (in respect of accepted claims) commenced during the week of April 11 2016; · pct of: unstated · outcome: distribution · pct low: 25 · pct high: 25 · class key: unsecured · stated by: monitor · cumulative: false · class label: Bodily Injury and Moral Damage Claims · interim final: unstated · conditional on: in respect of accepted claims · claims qualifier: unstated; basis: estimated · quote: Depending on the time period required to review all claims and resolve contestations, a distribution to this category is not likely until at least June 2016 and possibly not until next fall; · pct of: unstated · outcome: undetermined · class key: unsecured · stated by: monitor · class label: Property and Economic Damages Claims · interim final: unstated · conditional on: Depending on the time period required to review all claims and resolve contestations · claims qualifier: unstated; basis: estimated · quote: Subrogated Insurer Claims: a distribution to these creditors should be made in April 2016; · pct of: unstated · outcome: distribution · class key: unsecured · stated by: monitor · class label: Subrogated Insurer Claims · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: Government Claims: a distribution with respect to these claims is expected in April or May 2016; · pct of: unstated · outcome: distribution · class key: unsecured · stated by: monitor · class label: Government Claims · interim final: unstated · claims qualifier: unstated · table missing:
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.