Ontario · CCAA
Supplement to the Fifth Report of the Monitor
Court officer report · 30 April 2025
What we verified from this filing1 verified
- recovery outcomeentries: basis: estimated · quote: Any Chesswood common shares that would otherwise have been issued to Non-Voting Shareholders pursuant to the Share Exchange Agreement would, in any event, have no value given the significant expected shortfall in the recovery for the Chesswood Group's pre-filing secured creditors, leaving unsecured creditors and equity holders without any recovery. · pct of: unstated · outcome: shortfall · class key: secured · stated by: monitor · class label: Chesswood Group's pre-filing secured creditors · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: Any Chesswood common shares that would otherwise have been issued to Non-Voting Shareholders pursuant to the Share Exchange Agreement would, in any event, have no value given the significant expected shortfall in the recovery for the Chesswood Group's pre-filing secured creditors, leaving unsecured creditors and equity holders without any recovery. · pct of: unstated · outcome: nil · class key: unsecured · stated by: monitor · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: Any Chesswood common shares that would otherwise have been issued to Non-Voting Shareholders pursuant to the Share Exchange Agreement would, in any event, have no value given the significant expected shortfall in the recovery for the Chesswood Group's pre-filing secured creditors, leaving unsecured creditors and equity holders without any recovery. · pct of: unstated · outcome: nil · class key: equity · stated by: monitor · class label: equity holders · interim final: unstated · claims qualifier: unstated · stated on: 2025-04-30 · table missing: