Ontario · CCAA
Authorities of the Underwriters and Initial Purchasers (Motion For Approval of Claims and Distribution Protocol)
Application / notice of application · 11 December 2013
What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: Fairer outcome when pro-rating settlement amount was to allow purchasers in primary market to claim 100 percent of their losses, to allow purchasers in secondary market up to time of suspended audit to claim 92 percent of their losses, to allow share exchange acquirers to claim 60 percent of their losses, and to allow purchasers on last day of trading to claim 20 percent of their losses. · pct of: unstated · outcome: distribution · pct low: 100 · pct high: 100 · class key: equity · stated by: unstated · class label: Class members (purchasers in primary market) · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Fairer outcome when pro-rating settlement amount was to allow purchasers in primary market to claim 100 percent of their losses, to allow purchasers in secondary market up to time of suspended audit to claim 92 percent of their losses, to allow share exchange acquirers to claim 60 percent of their losses, and to allow purchasers on last day of trading to claim 20 percent of their losses. · pct of: unstated · outcome: distribution · pct low: 92 · pct high: 92 · class key: equity · stated by: unstated · class label: Class members (purchasers in secondary market up to time of suspended audit) · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Fairer outcome when pro-rating settlement amount was to allow purchasers in primary market to claim 100 percent of their losses, to allow purchasers in secondary market up to time of suspended audit to claim 92 percent of their losses, to allow share exchange acquirers to claim 60 percent of their losses, and to allow purchasers on last day of trading to claim 20 percent of their losses. · pct of: unstated · outcome: distribution · pct low: 60 · pct high: 60 · class key: equity · stated by: unstated · class label: Class members (share exchange acquirers) · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Fairer outcome when pro-rating settlement amount was to allow purchasers in primary market to claim 100 percent of their losses, to allow purchasers in secondary market up to time of suspended audit to claim 92 percent of their losses, to allow share exchange acquirers to claim 60 percent of their losses, and to allow purchasers on last day of trading to claim 20 percent of their losses. · pct of: unstated · outcome: distribution · pct low: 20 · pct high: 20 · class key: equity · stated by: unstated · class label: Class members (purchasers on last day of trading) · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Class members would recover net amount of 33 percent of their losses · pct of: unstated · outcome: distribution · pct low: 33 · pct high: 33 · class key: equity · stated by: unstated · class label: Class members · interim final: unstated · claims qualifier: unstated · table missing: