Ontario · Foreign recognition (CCAA)
Motion Record re Recognition of Foreign Orders (Returnable April 19 2021)
Application / notice of application · 15 April 2021
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: Canadian creditors (other than those with claims in Classes 4 (Talc Personal Injury Claims) and 5a (Non-Debtor Intercompany Claims), and equity interests in Class 6 (Equity Interests in the North American Debtors)) are Unimpaired and their claims will be satisfied in full. · pct of: unstated · outcome: paid_in_full · class key: unsecured · stated by: debtor · class label: Canadian creditors (other than those with claims in Classes 4, 5a and 6) · interim final: unstated · claims qualifier: unstated; basis: plan · quote: b) Fund B (Mesothelioma Claimants): 3.70% to 6.24%; and · pct of: unstated · outcome: distribution · pct low: 3.7 · pct high: 6.24 · class key: unsecured · stated by: debtor · class label: Fund B (Mesothelioma Claimants) · interim final: unstated · conditional on: Initial Payment Percentages may change if there are significant changes in cash attributable to the Talc Personal Injury Trust · claims qualifier: unstated; basis: plan · quote: a) Fund A (Ovarian Cancer A Claimants): 0.40% to 2.34%; · pct of: unstated · outcome: distribution · pct low: 0.4 · pct high: 2.34 · class key: unsecured · stated by: debtor · class label: Fund A (Ovarian Cancer A Claimants) · interim final: unstated · conditional on: Initial Payment Percentages may change if there are significant changes in cash attributable to the Talc Personal Injury Trust · claims qualifier: unstated; basis: plan · quote: c) Fund C (Ovarian Cancer B - D Claimants): 0.30% to 1.48%. · pct of: unstated · outcome: distribution · pct low: 0.3 · pct high: 1.48 · class key: unsecured · stated by: debtor · class label: Fund C (Ovarian Cancer B - D Claimants) · interim final: unstated · conditional on: Initial Payment Percentages may change if there are significant changes in cash attributable to the Talc Personal Injury Trust · claims qualifier: unstated; basis: plan · quote: All Allowed Non-Talc Claims other than Non-Debtor Intercompany Claims are expected to be paid in full under the Third Amended Plan. · pct of: allowed_claims · outcome: paid_in_full · class key: unsecured · stated by: debtor · class label: Allowed Non-Talc Claims other than Non-Debtor Intercompany Claims · interim final: unstated · claims qualifier: unstated · stated on: 2021-04-15 · table missing: