Saskatchewan · CCAA
Amended and Restated Plan
Plan of arrangement / compromise · 22 March 2007
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: Subject to paragraph 34A. hereof, those Secured Creditors holding security interests in the Six Properties whose respective secured debts were not assumed by the Purchasers shall have had their respective claims paid in full from proceeds of the Sales, save and except for the Claims of those Secured Creditors who discharge their security and become Unsecured Creditors for the purposes of this Plan; · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: debtor · class label: Secured Creditors holding security interests in the Six Properties · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: Third, as a result of Distribution Two, it is anticipated that there will be sufficient funds paid to Horizon West Management Ltd. by other members of Bricore Group to permit payout in full of the remaining balance of the indebtedness owing by Horizon West Management Ltd. to Spectra; · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: debtor · class label: Spectra · creditor name: Spectra · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: Braeside Management Ltd. shall have its secured claim for $6,885.00 paid in full by Bricore Land Group Ltd. · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: debtor · amount low: 6885 · amount high: 6885 · class label: Braeside Management Ltd. · creditor name: Braeside Management Ltd. · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: shall pay the sum of $47,470.03 to the Receiver General For Canada, which amount CRA shall receive as payment in full of CRA's Secured Claims in the amount of $15,707.20 (based on a deemed trust in respect of goods and services tax collected by Bricore Investment Group Ltd. for the period from August 1, 2005 to December 31, 2005) and in the amount of $31,762.83 (based on a deemed trust in respect of goods and services tax collected by 624796 Saskatchewan Ltd. for the period from July 1, 2005 to December 31, 2005). · pct of: unstated · outcome: paid_in_full · class key: deemed_trust · stated by: debtor · amount low: 47470.03 · amount high: 47470.03 · class label: CRA's Secured Claims · creditor name: CRA · interim final: unstated · claims qualifier: unstated · stated on: 2007-03-22 · table missing: