Alberta · Proposal
Amended Division 1 Proposal
Proposal document · 17 April 2026
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: The claims defined in Article 7.2 hereof, comprised of all amounts outstanding at the time of the filing of the Notice of Intention or of filing the Proposal, shall be paid in full within sixty (60) months following Court approval of the Proposal or in an extended period of time if approved by His Majesty in Right of Canada as represented by CRA from proceeds realized in relation to the business operations in subordination to the Trustee's fees and disbursements. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: Certain Crown Claims · interim final: unstated · conditional on: paid in full within sixty (60) months following Court approval, subordinate to Trustee's fees and disbursements · claims qualifier: unstated; basis: unstated · quote: The Insolvent Person is not aware of any indebtedness to Preferred Creditors as defined in Article 7.8 hereof. · pct of: unstated · outcome: nil · class key: preferred · stated by: debtor · class label: Preferred Creditors · interim final: unstated · claims qualifier: unstated; basis: plan · quote: the Unsecured Creditors shall receive an amount equal to 10% of their proven claim value within twelve (12) months of Court approval of this Proposal in full and final satisfaction of their proven claims. · pct of: proven_claims · outcome: distribution · pct low: 10 · pct high: 10 · class key: unsecured · stated by: debtor · class label: Unsecured Creditors · interim final: unstated · conditional on: within twelve (12) months of Court approval in full and final satisfaction of their proven claims · claims qualifier: unstated · table missing: