What we verified from this filing1 verified
- recovery outcomeentries: basis: estimated · quote: The Company's secured creditors are expected to recover fully if the Proposal is approved as they are continuing to be paid in the normal course of operations. · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: trustee · class label: Secured Creditors · interim final: unstated · conditional on: if the Proposal is approved · claims qualifier: unstated; basis: plan · quote: There will not be any funds available to Unsecured Creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: Unsecured Creditors · interim final: unstated · claims qualifier: unstated; basis: liquidation_alternative · quote: There is no reasonable expectation for any recovery for Unsecured Creditors under a bankruptcy scenario as the net asset realizations are not expected to fully repay the CRA's deemed trust claim for unpaid payroll source deductions. · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: Unsecured Creditors · interim final: unstated · claims qualifier: unstated; basis: plan · quote: | Estimated % Dividend | 0% | 0% | · pct of: unstated · outcome: nil · pct low: 0 · pct high: 0 · class key: unsecured · stated by: trustee · class label: TOTAL GENERAL (UNSECURED) CREDITORS · claims amount: 348743 · interim final: unstated · claims qualifier: estimated; basis: plan · quote: | Estimated % Recovery for CRA | 66% | 20% | · pct of: unstated · outcome: distribution · pct low: 66 · pct high: 66 · class key: deemed_trust · stated by: trustee · class label: Canada Revenue Agency · creditor name: Canada Revenue Agency · interim final: unstated · claims qualifier: unstated; basis: liquidation_alternative · quote: | Estimated % Recovery for CRA | 66% | 20% | · pct of: unstated · outcome: distribution · pct low: 20 · pct high: 20 · class key: deemed_trust · stated by: trustee · class label: Canada Revenue Agency · creditor name: Canada Revenue Agency · interim final: unstated · claims qualifier: unstated · stated on: 2026-09-18 · table missing: