Alberta · CCAA
Twentieth Report of the Monitor, Nov 19, 2018
Court officer report · 19 November 2018
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 filing1 verified
- recovery outcomeentries: basis: estimated · quote: As a result, the Monitor is of the view that it is appropriate to make a seventh interim distribution (the "Seventh Interim Distribution") from Net Sale Proceeds and Net Collections to the Syndicate in the amount of CAD$2 million. · pct of: unstated · outcome: distribution · currency: CAD · class key: secured · stated by: monitor · amount low: 2000000 · cumulative: false · amount high: 2000000 · class label: Syndicate · creditor name: Syndicate · interim final: interim · conditional on: subject to the holdback recommended by the Monitor · currency quote: CAD$2 million · claims qualifier: unstated; basis: actual · quote: To date, the Company has made Court approved post-filing interim distributions to the Syndicate in the aggregate amount of CAD$298 million, excluding interest. · pct of: unstated · outcome: distribution · currency: CAD · class key: secured · stated by: monitor · amount low: 298000000 · cumulative: true · amount high: 298000000 · class label: Syndicate · creditor name: Syndicate · interim final: interim · currency quote: CAD$298 million · claims qualifier: unstated · stated on: 2018-11-19 · table missing: