Ontario · CCAA

Motion Record (2 of 3) 05-04-2010

Application / notice of application · 4 May 2010

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: All Crown Claims in respect of all amounts that were outstanding at the Filing Date or related to the period ending on the Filing Date shall be paid in full to the Crown within six months of the Sanction Order, as required by section 6(3) of the CCAA. · pct of: unstated · outcome: paid_in_full · class key: deemed_trust · stated by: debtor · class label: Crown Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: (a) the Base Distribution, meaning (i) 100% of the amount of the Proven Claim (as defined in the Plan) that is less than or equal to CDNS1,000, plus (ii) 50% of the amount of the Proven Claim that is greater than CDN$1,000 and less than or equal to CDN$4,750; plus · pct of: unstated · outcome: distribution · currency: CAD · class key: unsecured · stated by: debtor · amount low: 1000 · amount high: 1000 · class label: Proven Creditors · interim final: unstated · conditional on: 100% of the amount of the Proven Claim that is less than or equal to CDN$1,000, plus 50% of the amount greater than CDN$1,000 and less than or equal to CDN$4,750, plus a Pro Rata Distribution of the Plan Support Fund Residual · currency quote: CDNS1,000 · claims qualifier: unstated · table missing: