A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: secondly, Her Majesty in Right of Canada and Her Majesty in Right of Alberta will be paid in full by Newsco, within 6 months after Court approval of this Proposal, all Crown Claims; · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: Her Majesty in Right of Canada and Her Majesty in Right of Alberta (Crown Claims) · interim final: unstated · claims qualifier: unstated; basis: plan · quote: thirdly, to Judith Melville in an amount sufficient to pay in full the Judith Melville Secured Claim; · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: debtor · class label: Judith Melville Secured Claim · creditor name: Judith Melville · interim final: unstated · claims qualifier: unstated; basis: plan · quote: fourthly, to the Terminated Newsco Employees and the Preferred Creditors, in an amount sufficient to pay in full the Proven Terminated Employee Preferred Claims and the Proven Preferred Claims; and · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: Terminated Newsco Employees and Preferred Creditors · interim final: unstated · claims qualifier: unstated; basis: plan · quote: fifthly, the balance of the Distribution Fund shall be paid pro rata to the Unsecured Creditors, based on the amounts of their respective Proven Unsecured Claims. · pct of: proven_claims · outcome: distribution · class key: unsecured · stated by: debtor · class label: Unsecured Creditors · interim final: unstated · claims qualifier: unstated; basis: liquidation_alternative · quote: If this Proposal is not approved and Newsco becomes bankrupt, the Unaffected Secured Creditors would be entitled to prove their Unaffected Secured Claims in Newsco's bankruptcy, likely reducing the amounts available to be recovered by the Affected Creditors to zero. · pct of: unstated · outcome: nil · class key: unsecured · stated by: debtor · class label: Affected Creditors · interim final: unstated · conditional on: If this Proposal is not approved and Newsco becomes bankrupt · claims qualifier: unstated · table missing: