Alberta · Foreign recognition (CCAA)
Order, filed
Plan sanction / final order · 21 December 2016
A plain-language read of this filing opens with a subscription.
What we verified from this filing2 verified
- presiding officerJustice D. B. Nixon
- recovery outcomeentries: basis: plan · quote: On the Effective Date, except to the extent that a holder of an Allowed Unsecured Convenience Class Claim agrees to less favorable treatment, in full and final satisfaction, compromise, settlement, release, and discharge of and in exchange for each Unsecured Convenience Class Claim, each holder of an Allowed Class 5 Claim shall receive its Pro Rata share of the Convenience Class Recovery Pool up to 40% of such Allowed Class 5 Claim. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: unstated · class label: Unsecured Convenience Class Claims (Class 5) · interim final: unstated · conditional on: Pro Rata share of the Convenience Class Recovery Pool up to 40% of such Allowed Class 5 Claim · claims qualifier: unstated; basis: plan · quote: Except to the extent that a holder of an Allowed General Unsecured Claim agrees to less favorable treatment, in full and final satisfaction, compromise, settlement, release, and discharge of and in exchange for each General Unsecured Claim, each holder of an Allowed Class 6 Claim shall receive its Pro Rata share of the Unsecured Creditor Recovery Pool, which distribution shall be made in accordance with Article VI.F of the Plan. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: unstated · class label: General Unsecured Claims (Class 6) · interim final: unstated · claims qualifier: unstated; basis: plan · quote: In accordance with the Plan Settlement, the holders of Deficiency Lender Claims have agreed to forgo their right to receive their Pro Rata share of the Unsecured Creditor Recovery Pool; provided, however , that such holders shall be entitled to vote to accept or reject the Plan. · pct of: unstated · outcome: nil · class key: secured · stated by: unstated · class label: Deficiency Lender Claims · interim final: unstated · claims qualifier: unstated · table missing: