Ontario · CCAA
Nineteenth Report of the Monitor
Court officer report · 25 September 2015
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: The Applicant's Senior Secured Lenders and other priority secured claims, such as the remaining amounts owing under the DIP, will be paid in full pursuant to the Plan. · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: monitor · class label: Senior Secured Lenders and other priority secured claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: The amount available for distribution to the Secured Noteholders on implementation of the Plan is, however, insufficient to pay the Secured Noteholders in full. · pct of: unstated · outcome: shortfall · class key: secured · stated by: monitor · class label: Secured Noteholders · creditor name: Secured Noteholders · interim final: unstated · claims qualifier: unstated; basis: plan · quote: At this time, it is anticipated that there will be no recovery for junior creditors and their claims will remain unaffected by the Plan. · pct of: unstated · outcome: nil · class key: unsecured · stated by: monitor · class label: junior creditors · interim final: unstated · conditional on: if the Remaining Estate Litigation and any other subsequent events result in the Applicants having sufficient assets to repay the Secured Noteholders in full · claims qualifier: unstated · table missing: