Quebec · CCAA

Rapport du Contrôleur sur le Plan de compromis et darrangement de Callidus amendé le 5 décembre 2017, en date du

Court officer report · 8 December 2017 · French

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

financial positionnote: Document states Debtors have no assets of any kind except potential recovery from the Bluberi Claims (litigation against Callidus), whose value the Controller states it is impossible to determine; Settlement Fund estimated between $2.5M and $2.63M; claims estimated at $951K for former employees and between $6.1M and $9.2M for other creditors (excluding Callidus' $3M claim). · basis: Plan/estimates; no formal financial statements of assets and liabilities stated · scope: 9354-9186 Québec Inc. and 9354-9178 Québec Inc. (Debtor Companies), consolidated for distribution purposes · currency: CAD