Ontario · Proposal

Motion Record returnable May 19, 2021

Application / notice of application · 5 May 2021

AI summary

A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.

What we verified from this filing8 verified

applicantKSV Restructuring Inc.
appointeeKSV Restructuring Inc.
appointee roleProposal Trustee
commencement date24 March 2021
courtSUPERIOR COURT OF JUSTICE
court file no32-2714829
provinceOntario
recovery outcomeentries: basis: plan · quote: Payments under the Proposal could result in a recovery of up to approximately 24¢ on the dollar for the Proven Claims versus the alternative, which is a virtually nil recovery if the Proposal is rejected and the Company becomes bankrupt. · pct of: proven_claims · outcome: distribution · pct low: 24 · pct high: 24 · class key: unsecured · stated by: proposal_trustee · class label: Proven Claims (unsecured creditors, under the Proposal) · interim final: unstated · related party: false · cents on dollar: 24 · claims qualifier: unstated · stated on: 2021-05-03 · table missing: