Quebec · CCAA
Twenty-Second Report of the Monitor on the Petitioner’s Plan of Arrangement – dated April 19, 2016
Plan of arrangement / compromise · 19 April 2016
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What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: on February 26, 2016, the Monitor commenced 1 the payment of an interim distribution of approximately $25 million representing 50% of the amount estimated to be paid to each claimant, as valued in accordance with Schedule F to the Amended Plan. · pct of: unstated · outcome: distribution · pct low: 50 · pct high: 50 · stated by: monitor · amount low: 25000000 · cumulative: false · amount high: 25000000 · class label: Bodily Injury and Moral Damage Claims · interim final: interim · claims qualifier: unstated; basis: plan · quote: the Monitor is unable at this time to proceed with the payment of the balance of the distribution for Bodily Injury and Moral Damages but ins has issued a payment of a further 25% of each claimants estimated distribution (in respect of accepted claims) during the week of April 11, 2016. · pct of: unstated · outcome: distribution · pct low: 25 · pct high: 25 · stated by: monitor · cumulative: false · class label: Bodily Injury and Moral Damage Claims · interim final: unstated · claims qualifier: unstated · stated on: 2016-04-19 · table missing: