Quebec · Proposal
Proposal – dated December 5, 2007
Proposal document · 5 December 2007
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 EMPLOYEE CLAIMS shall be paid in full in the normal course of business. · pct of: unstated · outcome: paid_in_full · pct low: 100 · pct high: 100 · class key: preferred · stated by: debtor · class label: EMPLOYEE CLAIMS · interim final: unstated · claims qualifier: unstated; basis: plan · quote: The CROWN CLAIMS, without interest, will be paid in full within six (6) months of the APPROVAL. · pct of: unstated · outcome: paid_in_full · pct low: 100 · pct high: 100 · class key: preferred · stated by: debtor · class label: CROWN CLAIMS · interim final: unstated · claims qualifier: unstated; basis: plan · quote: PREFERRED CLAIMS, without interest, will be paid in full in priority to all UNSECURED CLAIMS. · pct of: unstated · outcome: paid_in_full · pct low: 100 · pct high: 100 · class key: preferred · stated by: debtor · class label: PREFERRED CLAIMS · interim final: unstated · claims qualifier: unstated; basis: plan · quote: (i) the lesser of (a) 100% of their PROVEN CLAIMS, without interest, and (b) $10,000, the whole within sixty (60) days following the APPROVAL; and · pct of: unstated · outcome: distribution · class key: unsecured · stated by: debtor · amount low: 10000 · amount high: 10000 · class label: UNSECURED CLAIMS, other than the FONDS · interim final: unstated · conditional on: the lesser of 100% of their PROVEN CLAIMS or $10,000 within 60 days of APPROVAL, plus a pro rata and pari passu share of the balance of their PROVEN CLAIMS payable in installments beginning 150 days after APPROVAL and every three months thereafter · claims qualifier: unstated; basis: plan · quote: In final and complete settlement of its UNSECURED CLAIM in the amount of 9. $3,847,500, the FONDS will be paid the sum of $500,000 within sixty (60) days following the APPROVAL; · pct of: unstated · outcome: distribution · class key: unsecured · stated by: debtor · amount low: 500000 · amount high: 500000 · class label: FONDS · claims amount: 3847500 · creditor name: Fonds de solidarité des Travailleurs du Québec (F.T.Q.) · interim final: unstated · claims qualifier: unstated; basis: plan · quote: POST-FILING GOODS AND SERVICES will be paid in full in the ordinary course of business and on regular trade terms. · pct of: unstated · outcome: paid_in_full · pct low: 100 · pct high: 100 · stated by: debtor · class label: POST-FILING GOODS AND SERVICES · interim final: unstated · claims qualifier: unstated · table missing: