British Columbia · NOI
Report of the Trustee on Proposal dated May 16, 2025
Court officer report · 16 May 2025
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: Based on the Liquidation Analysis, Unsecured Creditors will receive 3.0 to 7.1 cents on the dollar in a bankruptcy, as compared to 8.8 cents on the dollar per the Proposal. · pct of: unstated · outcome: distribution · pct low: 8.8 · pct high: 8.8 · class key: unsecured · stated by: proposal_trustee · class label: Unsecured Creditors · claims amount: 3427270 · interim final: unstated · conditional on: if the Proposal is accepted · cents on dollar: 8.8 · claims qualifier: estimated; basis: liquidation_alternative · quote: Based on the Liquidation Analysis, Unsecured Creditors will receive 3.0 to 7.1 cents on the dollar in a bankruptcy, as compared to 8.8 cents on the dollar per the Proposal. · pct of: unstated · outcome: distribution · pct low: 3 · pct high: 7.1 · class key: unsecured · stated by: proposal_trustee · class label: Unsecured Creditors · interim final: unstated · conditional on: in the event of a bankruptcy · claims qualifier: unstated; basis: plan · quote: All Crown Claims, to the extent not already paid by the Company in the ordinary course of its business, shall be paid in full within six (6) months after the granting of the Sanction Order. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: proposal_trustee · class label: Crown Claims · interim final: unstated · conditional on: within six (6) months after the granting of the Sanction Order · claims qualifier: unstated · stated on: 2025-05-16 · table missing: