Alberta · CCAA
Third Report of the Monitor
Court officer report · 29 October 2024
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: liquidation_alternative · quote: the Affected Creditors will receive pro rata consideration in the aggregate amount of $4,750,000 (plus additional consideration provided to the Convenience Class Creditors) versus no recovery under a liquidation scenario; · pct of: unstated · outcome: distribution · class key: unsecured · stated by: monitor · amount low: 4750000 · amount high: 4750000 · class label: Affected Creditors · interim final: unstated · claims qualifier: unstated; basis: liquidation_alternative · quote: the Affected Creditors will receive pro rata consideration in the aggregate amount of $4,750,000 (plus additional consideration provided to the Convenience Class Creditors) versus no recovery under a liquidation scenario; · pct of: unstated · outcome: nil · class key: unsecured · stated by: monitor · class label: Affected Creditors (liquidation scenario) · interim final: unstated · claims qualifier: unstated; basis: liquidation_alternative · quote: existing common shareholders holding 50,000 or more common shares of Delta Parent will receive pro rata consideration in the amount of $2,000,000 versus no recovery under a liquidation scenario; · pct of: unstated · outcome: distribution · class key: equity · stated by: monitor · amount low: 2000000 · amount high: 2000000 · class label: existing common shareholders holding 50,000 or more common shares · interim final: unstated · claims qualifier: unstated; basis: liquidation_alternative · quote: existing common shareholders holding 50,000 or more common shares of Delta Parent will receive pro rata consideration in the amount of $2,000,000 versus no recovery under a liquidation scenario; · pct of: unstated · outcome: nil · class key: equity · stated by: monitor · class label: existing common shareholders holding 50,000 or more common shares (liquidation scenario) · interim final: unstated · claims qualifier: unstated; basis: liquidation_alternative · quote: Other than SNDL, Bio-Tech's creditors would have otherwise no recovery under a liquidation scenario. · pct of: unstated · outcome: nil · class key: unsecured · stated by: monitor · class label: Bio-Tech's creditors (other than SNDL) (liquidation scenario) · interim final: unstated · claims qualifier: unstated · stated on: 2024-10-29 · table missing: