Quebec · CCAA
Schedule E – Amended Plan of the Steckler Applicants, issued on April 30, 2021 and entitled « Steckler Plan - Amended Plan of Compromise and Arrangement » (in English only)
Plan of arrangement / compromise · 30 April 2021
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: | Unsecured Creditors 2 | 17 | $ 284,304 | $284,304 | 100% | · pct of: unstated · outcome: distribution · pct low: 100 · pct high: 100 · class key: unsecured · stated by: debtor · amount low: 284304 · amount high: 284304 · class label: Unsecured Creditors · claims amount: 284304 · interim final: unstated · claims qualifier: estimated; basis: plan · quote: | Secured Creditors | 5 | $3,900,000 3 | $3,900,000 | 100% | · pct of: unstated · outcome: distribution · pct low: 100 · pct high: 100 · class key: secured · stated by: debtor · amount low: 3900000 · amount high: 3900000 · class label: Secured Creditors · claims amount: 3900000 · interim final: unstated · claims qualifier: estimated; basis: plan · quote: | Creditors holding Construction Claims 4 | 8 | $3,881,753 5 | $3,881,753 | 100% | · pct of: unstated · outcome: distribution · pct low: 100 · pct high: 100 · class key: secured · stated by: debtor · amount low: 3881753 · amount high: 3881753 · class label: Creditors holding Construction Claims · claims amount: 3881753 · interim final: unstated · claims qualifier: estimated; basis: plan · quote: Government Priority Claims, if any, will be paid in full by the Debtor within 6 months immediately following the Plan Sanction Date; · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: Government Priority Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Post-Filing Trade Payables will be paid in full by the Debtor in the normal course of its Business, as and when they become due; · pct of: unstated · outcome: paid_in_full · stated by: debtor · class label: Post-Filing Trade Payables · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Excluded Claims, if any, will remain in full force and effect in accordance with their terms after the Plan Implementation Date, and will be paid in full by the Debtor in the normal course of its Business, as and when they become due. · pct of: unstated · outcome: paid_in_full · stated by: debtor · class label: Excluded Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Unaffected Creditors will not receive any consideration or distributions under the Plan in respect of their Unaffected Claims, and they shall not be entitled to vote on the Plan at the Creditors' Meeting in respect of their Unaffected Claims. · pct of: unstated · outcome: nil · stated by: debtor · class label: Unaffected Creditors · interim final: unstated · claims qualifier: unstated · stated on: 2021-04-30 · table missing: