Ontario · Foreign recognition (CCAA)
Motion Record of the Applicant re CCAA Termination dated November 25, 2024
Application / notice of application · 25 November 2024
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What we verified from this filing1 verified
- recovery outcomeentries: basis: liquidation_alternative · quote: In a liquidation scenario, Hollander Canada's unsecured creditors are likely to suffer a substantial or complete shortfall in the recoveries on their claims. · pct of: unstated · outcome: shortfall · class key: unsecured · stated by: debtor · class label: Hollander Canada's unsecured creditors · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: In total, holders of general unsecured claims are estimated to receive a recovery of at least 1% of their unsecured claims before considering any value that may be generated from potential tort claims. · pct of: unstated · outcome: distribution · pct low: 1 · pct high: 1 · class key: unsecured · stated by: debtor · class label: holders of general unsecured claims · interim final: unstated · conditional on: before considering any value that may be generated from potential tort claims · claims qualifier: unstated · table missing: