Alberta · CCAA
Application Returnable March 14, 2025
Application / notice of application · 14 March 2025
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: FOUR20 will borrow a pool of cash consideration which, along with cash consideration contributed by FOUR20, will be used to satisfy in full the unsecured creditors of 420 OpCo and Green Rock (the ' OpCo Unsecured Creditors ') · pct of: unstated · outcome: paid_in_full · class key: unsecured · stated by: debtor · class label: OpCo Unsecured Creditors · interim final: unstated · claims qualifier: unstated; basis: plan · quote: (ii) Stoke Canada Finance Corp. (' Stoke '), the senior secured lender at the 420 OpCo level, will be satisfied in full; · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: debtor · class label: Stoke Canada Finance Corp. · creditor name: Stoke Canada Finance Corp. · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Stoke Claim. The secured creditor holding the Stoke Claim shall be paid in full and deemed to vote in favour of the Plan. · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: debtor · class label: Stoke Claim · interim final: unstated · claims qualifier: unstated · table missing: