Quebec · NOI
Proposal (English translation)
Proposal document · 9 October 2026
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: plan · quote: the Ordinary Claims, other than the Ordinary Claims of Fonds régionaux de solidarité FTQ, s.e.c. , shall be finally settled in consideration of the payment of a lump sum of $1,000,000 by the Debtor to the Trustee. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: debtor · amount low: 1000000 · amount high: 1000000 · class label: Ordinary Creditors · interim final: unstated · conditional on: Lump sum of $1,000,000 payable in three instalments (Jan 15, Jul 15, Dec 15, 2027); first tranche of each dividend is the lesser of $1,000 or the proven claim, then pro rata on the remainder; excludes Fonds régionaux de solidarité · claims qualifier: unstated; basis: plan · quote: shall be paid in full, without additional interest, in priority to every Ordinary Creditor, no later than thirty (30) days after approval of this Proposal by the Court, from the settlement proposed to Ordinary Creditors under section 5 of this Proposal. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: Preferred claims (if any) · interim final: unstated · conditional on: If any; paid no later than 30 days after Court approval, from the settlement proposed to Ordinary Creditors · claims qualifier: unstated; basis: plan · quote: shall be paid in full, without additional interest, in priority to every Ordinary Creditor, no later than six (6) months after approval of this Proposal by the Court, from the settlement proposed to Ordinary Creditors under section 5 of this Proposal. · pct of: unstated · outcome: paid_in_full · class key: deemed_trust · stated by: debtor · class label: Crown claims - source deductions · interim final: unstated · conditional on: If any; paid no later than six months after Court approval, from the settlement proposed to Ordinary Creditors · claims qualifier: unstated; basis: plan · quote: shall be paid in full, without additional interest, in priority to every Ordinary Creditor, upon approval of this Proposal by the Court, from the settlement proposed to Ordinary Creditors under section 5 of this Proposal. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: Prescribed pension plans · interim final: unstated · conditional on: If any; paid upon Court approval, from the settlement proposed to Ordinary Creditors · claims qualifier: unstated · table missing: