Ontario · CCAA
Motion Record re (Sanction Order Returnable February 6, 2014)
Application / notice of application · 2 February 2014
What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: All Crown Claims in respect of all amounts that were outstanding at the Filing Date shall be paid in full to the Crown within six months of the Sanction Order, as required by subsection 6(3) of the CCAA. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: Crown Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Immediately after the date of the Sanction Order, the Applicant will pay in full all Employee Priority Claims, if any, to its employees and former employees. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: Employee Priority Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Trade-related payables of the Subsidiaries will be honoured in full and will be unaffected by the Plan. · pct of: unstated · outcome: paid_in_full · class key: unsecured · stated by: debtor · class label: Trade-related payables of the Subsidiaries · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Upon implementation of the Plan, Existing Shareholders will be diluted down to approximately 0.9% of the New Common Shares of Jaguar, · pct of: unstated · outcome: distribution · pct low: 0.9 · pct high: 0.9 · class key: equity · stated by: debtor · class label: Existing Shareholders · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Equity claims (other than the share holdings of Existing Shareholders) against Jaguar will be released, discharged and cancelled for no consideration. · pct of: unstated · outcome: nil · class key: equity · stated by: debtor · class label: Equity claims (other than share holdings of Existing Shareholders) · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Unsecured creditors with proven unsecured claims under the Plan, other than Noteholders, will receive their pro rata share, calculated on an aggregate basis with the claims of Noteholders, of 12.6% of the New Common Shares of Jaguar. · pct of: proven_claims · outcome: distribution · pct low: 12.6 · pct high: 12.6 · class key: unsecured · stated by: debtor · class label: Unsecured creditors with proven unsecured claims, other than Noteholders · interim final: unstated · conditional on: calculated on an aggregate basis with the claims of Noteholders · claims qualifier: unstated · table missing: