Quebec · CCAA
Report of the Monitor with Respect to an Application for the Postponement of the Delay to Make the Distributions under the Sanctioned Plan of Arrangement – dated May 7, 2010
Plan of arrangement / compromise · 7 May 2010
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: liquidation_alternative · quote: in a bankruptcy scenario, the Unsecured Creditors would stand to receive nothing given that all the Petitioners' assets are pledged in favour of the Secured Creditors who are owed significantly more than the estimated realizable liquidation value of the said assets; · pct of: unstated · outcome: nil · class key: unsecured · stated by: monitor · class label: Unsecured Creditors · interim final: unstated · conditional on: in a bankruptcy scenario · claims qualifier: unstated · stated on: 2010-05-07 · table missing: