Ontario · Proposal
Proposal Trustee's Report to Creditors dated December 1, 2020
Court officer report · 1 December 2020
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: Existing Equityholders and holders of Equity Claims shall not be entitled to vote in respect of their Existing Equity and/or Equity Claims at the Creditors Meeting and shall not receive any distribution under this Proposal on account of their Existing Equity or Equity Claims. · pct of: unstated · outcome: nil · class key: equity · stated by: debtor · class label: Existing Equityholders and holders of Equity Claims · interim final: unstated · claims qualifier: unstated; basis: liquidation_alternative · quote: This represents an estimated recovery of up to 33¢ on the dollar, before attributing any residual value, if any, in the Company's equity interest in Nabis AZ and costs of realization, including professional fees. · pct of: unstated · outcome: distribution · pct low: 33 · currency: CAD · pct high: 33 · class key: unsecured · stated by: proposal_trustee · class label: creditors in a bankruptcy (estimated gross realizable value of assets) · interim final: unstated · conditional on: before attributing any residual value in the Company's equity interest in Nabis AZ and costs of realization, including professional fees · currency quote: all currency references in this Report are to Canadian dollars · cents on dollar: 33 · claims qualifier: unstated · stated on: 2020-12-01 · table missing: