British Columbia · Proposal
Report of Trustee on Proposal
Court officer report · 3 June 2024
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What we verified from this filing1 verified
- recovery outcomeentries: basis: estimated · quote: The General Creditors are expected to receive approximately 48% of their claims under the Proposal. · pct of: unstated · outcome: distribution · pct low: 48 · pct high: 48 · class key: unsecured · stated by: trustee · class label: General Creditors · interim final: unstated · claims qualifier: unstated; basis: liquidation_alternative · quote: The creditors are expected to receive approximately 27% of their claims under a bankruptcy scenario. · pct of: unstated · outcome: distribution · pct low: 27 · pct high: 27 · class key: unsecured · stated by: trustee · class label: General Creditors (bankruptcy scenario) · interim final: unstated · claims qualifier: unstated; basis: plan · quote: After payment of the Property Tax claim and ResidualCo. bankruptcy Trustee fees, there is expected to be approximately $1,810,000 available to the Affected Creditors under the Proposal (or approximately 36% of their claims). · pct of: unstated · outcome: distribution · pct low: 36 · pct high: 36 · class key: unsecured · stated by: trustee · amount low: 1810000 · amount high: 1810000 · class label: Affected Creditors · interim final: unstated · claims qualifier: unstated; basis: liquidation_alternative · quote: The Affected Creditors are expected to receive approximately 21% of their claims under a bankruptcy scenario. · pct of: unstated · outcome: distribution · pct low: 21 · pct high: 21 · class key: unsecured · stated by: trustee · class label: Affected Creditors (bankruptcy scenario) · interim final: unstated · claims qualifier: unstated; basis: plan · quote: After payment of the Property Tax claim and ResidualCo. bankruptcy Trustee fees, there is expected to be approximately $1,840,000 available to the Affected Creditors under the Proposal (or approximately 36% of their claims). · pct of: unstated · outcome: distribution · pct low: 36 · pct high: 36 · class key: unsecured · stated by: trustee · amount low: 1840000 · amount high: 1840000 · class label: Affected Creditors · interim final: unstated · claims qualifier: unstated; basis: liquidation_alternative · quote: The Affected Creditors are expected to receive approximately 21% of their claims under a bankruptcy scenario. · pct of: unstated · outcome: distribution · pct low: 21 · pct high: 21 · class key: unsecured · stated by: trustee · class label: Affected Creditors (bankruptcy scenario) · interim final: unstated · claims qualifier: unstated · stated on: 2024-05-07 · table missing: