Ontario · CCAA
(a) seeking approval of the transfer of certain lands owned by NNL in London, Ontario to NNIC in order to facilitate certain environmental management measures being undertaken by the Minister of the Environment, Conservation and Parks (the "MECP") and Daimler Trucks Canada Ltd. ("Daimler") on such lands; and (b) seeking approval of a form of"Notice of Waiver, Surrender and Release of Further Distributions" (the "Distribution Waiver") to be filled out, signed and delivered to the Monitor by creditors who wish to waive any further distributions under the Plan or from the Nortel Health and Welfare Trust (the "HWT")
Court officer report · 19 November 2019
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What we verified from this filing3 verified
- purchaserNortel Networks International Corporation
- recovery outcomeentries: basis: actual · quote: The total payout received by the Ministry to date is $3,263,416.56 (together · pct of: unstated · outcome: distribution · currency: CAD · class key: unsecured · stated by: monitor · amount low: 3263416.56 · cumulative: true · amount high: 3263416.56 · class label: Ministry (London Properties Proven Claim) · claims amount: 6500000 · creditor name: Ministry · interim final: unstated · currency quote: Canadian dollars · claims qualifier: proven · stated on: 2019-11-19 · table missing:
- sale outcometext: Motion seeking approval of the transfer of the London Retained Lands from NNL to NNIC · scope: parcel · status: pending_approval