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What we verified from this filing7 verified
- courtONTARIO SUPERIOR COURT OF JUSTICE (IN BANKRUPTCY AND INSOLVENCY)
- provinceOntario
- statutory basisPart III of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3
- commencement date15 May 2025
- appointeeDodick Landau Inc.
- appointee roleproposal trustee
- recovery outcomeentries: basis: plan · quote: All Proven Employee Preferred Claims shall be paid out of additional funds to be delivered by the Company to the Trustee and shall be remitted by the Trustee to the entitled claimants (if any) immediately after the Effective Date. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: Employee Preferred Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Proven Preferred Claims, other than Employee Preferred Claims (if any), which shall be satisfied pursuant to Paragraph 13 of this Proposal, shall be paid in full, without interest, out of the Funded Proposal Payments, in priority to Proven Unsecured Claims. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: Preferred Claims (other than Employee Preferred Claims) · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Proven Unsecured Claims shall be paid out of the Funded Proposal Payments on a pro rata basis. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: debtor · class label: Unsecured Claims · interim final: unstated · conditional on: The Funded Proposal Payments will be made until an amount is paid to the Trustee equal to the lesser of 25% of the value of the Proven Claims and $150,000. · claims qualifier: unstated · stated on: 2025-05-15 · table missing: