Quebec · NOI
Proposal – dated June 22, 2021
Proposal document · 22 June 2021
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: Subject to Sections 2.2 and 2.3 hereof, all Employee Claims will be paid in full, immediately after Approval. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: Employee Creditors · interim final: unstated · claims qualifier: unstated; basis: plan · quote: All Crown Claims, to the extent not already paid by the Debtor in the ordinary course of the Debtor's business, shall be paid in full, within 6 months after Approval or as may otherwise be arranged with the Crown. · pct of: unstated · outcome: paid_in_full · stated by: debtor · class label: Crown · creditor name: Crown · interim final: unstated · claims qualifier: unstated; basis: plan · quote: All Secured Claims shall be paid in accordance with existing agreements or as may be otherwise arranged with each of the Secured Creditors. · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: debtor · class label: Secured Creditors · interim final: unstated · conditional on: as may be otherwise arranged with each of the Secured Creditors · claims qualifier: unstated; basis: plan · quote: In addition to paying all Employee Claims, all Crown Claims, all Proposal Expenses and all Subsequent Claims, the amount of $100,000 shall be paid to the Trustee by the Debtor no later than 60 days immediately following Approval (or such later date permitted under Section 9.2 hereof), for distribution to all Preferred Creditors and Ordinary Creditors as herein set forth (the ' Dividend '), without any interest thereon whatsoever, in full and final settlement, release and discharge of all Preferred Claims and all Ordinary Claims. · pct of: unstated · outcome: distribution · class key: preferred · stated by: debtor · amount low: 100000 · amount high: 100000 · class label: Preferred Creditors and Ordinary Creditors · interim final: unstated · conditional on: First to Preferred Creditors according to their Preferred Claims; second, after full payment of Preferred Claims, to Ordinary Creditors pro rata according to their Proven Ordinary Claims · claims qualifier: unstated · table missing: