Alberta · CCAA
Plan Sanction Order
Plan sanction / final order · 15 December 2016
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 filing2 verified
- presiding officerJustice Horner
- recovery outcomeentries: basis: plan · quote: All Persons holding Equity Claims shall not be entitled to vote at or attend the Creditors' Meeting, and shall not receive any distributions under the Plan or otherwise receive any other compensation i n respect of their Equity Claims, · pct of: unstated · outcome: nil · class key: equity · stated by: debtor · class label: Equity Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: each Affected Creditor with a Proven Claim shall receive a distribution in an amount equal to its Pro Rata Share of the Cash in the Quicksilver Canada Cash Pool Account by cheque sent by prepaid ordinary mail to the address for such Affected Creditor as set out in its Proof of Claim (or by wire transfer in accordance with any wire transfer instructions provided to the Monitor prior to the Creditors' Meeting). · pct of: unstated · outcome: distribution · class key: unsecured · stated by: debtor · class label: Affected Creditors (Unsecured Creditors' Class) · interim final: unstated · conditional on: Pro Rata Share of the Cash in the Quicksilver Canada Cash Pool Account · claims qualifier: unstated · stated on: 2016-12-15 · table missing: