Alberta · CCAA
17. Seventeenth Report of the Monitor
Court officer report · 26 November 2009
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 filing3 verified
- purchaserDokie General Partnership
- recovery outcomeentries: basis: plan · quote: As reported in the Thirteenth Report of the Monitor dated September 10, 2009, the Monitor estimated that the recovery by the unsecured creditors under the plan of arrangement which is conditional upon the Dokie APA closing would be 66% to 47% as compared to 25% to 0% under a liquidation scenario assuming the Dokie APA does not close. · pct of: unstated · outcome: distribution · pct low: 47 · pct high: 66 · class key: unsecured · stated by: monitor · class label: unsecured creditors · interim final: unstated · conditional on: conditional upon the Dokie APA closing · claims qualifier: unstated; basis: liquidation_alternative · quote: As reported in the Thirteenth Report of the Monitor dated September 10, 2009, the Monitor estimated that the recovery by the unsecured creditors under the plan of arrangement which is conditional upon the Dokie APA closing would be 66% to 47% as compared to 25% to 0% under a liquidation scenario assuming the Dokie APA does not close. · pct of: unstated · outcome: distribution · pct low: 0 · pct high: 25 · class key: unsecured · stated by: monitor · class label: unsecured creditors · interim final: unstated · conditional on: assuming the Dokie APA does not close · claims qualifier: unstated · stated on: 2009-11-25 · table missing:
- sale outcometext: The Seventh Amending Agreement extends the closing date of the Dokie APA and removes certain excluded contracts; closing has not yet occurred · scope: parcel · status: pending_approval