Quebec · CCAA
Eighth report of the Monitor (Unofficial Translation)
Court officer report · 16 October 2024
What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: | Secured Creditors Claims | Fully paid by the Debtors according to the agreements in force or according to the agreements in principle reached with them | In accordance with the agreements in force or to be entered into | · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: monitor · class label: Secured Creditors Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: | Crown Claims | Paid in full | Within six (6) months of the records of the Debtors, there is no amount that could be due under a Crown Claim | · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: monitor · class label: Crown Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: | Preferred Claims of employees in accordance with paragraph 136(1)d) of the Bankruptcy and Insolvency Act | Paid in full, as a priority, in addition to the Amount Available for Distribution | As they become due, in the ordinary course of business | · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: monitor · class label: Preferred Claims of employees in accordance with paragraph 136(1)d) of the Bankruptcy and Insolvency Act · interim final: unstated · claims qualifier: unstated; basis: plan · quote: | Average distribution percentage | | 12% | 0% | %0 | 3% | 2% | · pct of: unstated · outcome: distribution · pct low: 12 · pct high: 12 · class key: unsecured · stated by: monitor · amount low: 1.4 · amount high: 1.4 · class label: Affected Claims in a single category of Creditors, as defined in the Plan · claims amount: 11.3 · interim final: unstated · conditional on: Portion #1: 100% of the first $2,000 of Proven Claim or if below $2,000, the amount of the Proven Claim; Portion #2: pro rata of each Residual Claim relative to total Residual Claims · claims qualifier: estimated; basis: liquidation_alternative · quote: | Average distribution percentage | | 12% | 0% | %0 | 3% | 2% | · pct of: unstated · outcome: distribution · pct low: 0 · pct high: 0 · class key: unsecured · stated by: monitor · class label: Unsecured creditors (liquidation scenario - Encumbered assets, High) · claims amount: 31.4 · interim final: unstated · claims qualifier: estimated; basis: liquidation_alternative · quote: | Average distribution percentage | | 12% | 0% | %0 | 3% | 2% | · pct of: unstated · outcome: distribution · pct low: 0 · pct high: 0 · class key: unsecured · stated by: monitor · class label: Unsecured creditors (liquidation scenario - Encumbered assets, Low) · claims amount: 49.8 · interim final: unstated · claims qualifier: estimated; basis: liquidation_alternative · quote: | Average distribution percentage | | 12% | 0% | %0 | 3% | 2% | · pct of: unstated · outcome: distribution · pct low: 3 · pct high: 3 · class key: unsecured · stated by: monitor · class label: Unsecured creditors (liquidation scenario - Unencumbered assets, High) · claims amount: 31.4 · interim final: unstated · claims qualifier: estimated; basis: liquidation_alternative · quote: | Average distribution percentage | | 12% | 0% | %0 | 3% | 2% | · pct of: unstated · outcome: distribution · pct low: 2 · pct high: 2 · class key: unsecured · stated by: monitor · class label: Unsecured creditors (liquidation scenario - Unencumbered assets, Low) · claims amount: 49.8 · interim final: unstated · claims qualifier: estimated · stated on: 2024-10-16 · table missing: