Quebec · NOI
Report of the Trustee on the financial situation of the Debtor and on the Proposal – dated June 5, 2015
Court officer report · 5 June 2015
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What we verified from this filing1 verified
- recovery outcomeentries: basis: actual · quote: All amounts owing to the secured creditors were repaid in full during the liquidation process. · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: trustee · class label: Secured Creditors · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: The Company believes that all amounts owing to Preferred Creditors have been paid in full by the Company. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: Preferred Creditors · interim final: unstated · claims qualifier: unstated; basis: liquidation_alternative · quote: the Trustee estimates that the proceeds from the Settlement Funds available for distribution to Unsecured Creditors would represent an estimated recovery of 3.7% of the Unsecured Creditors and that approximately 970 employees and trade creditors would be paid in full, whereas in a bankruptcy the estimated recovery to Unsecured Creditors would be 3.3% with 1,060 employees paid in full. · pct of: unstated · outcome: distribution · pct low: 3.7 · pct high: 3.7 · class key: unsecured · stated by: trustee · class label: Unsecured Creditors · interim final: unstated · claims qualifier: unstated; basis: liquidation_alternative · quote: the Trustee estimates that the proceeds from the Settlement Funds available for distribution to Unsecured Creditors would represent an estimated recovery of 3.7% of the Unsecured Creditors and that approximately 970 employees and trade creditors would be paid in full, whereas in a bankruptcy the estimated recovery to Unsecured Creditors would be 3.3% with 1,060 employees paid in full. · pct of: unstated · outcome: distribution · pct low: 3.3 · pct high: 3.3 · class key: unsecured · stated by: trustee · class label: Unsecured Creditors · interim final: unstated · claims qualifier: unstated · stated on: 2015-06-05 · table missing: