Alberta · CCAA
8. Eighth Report of the Monitor
Court officer report · 27 May 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 filing6 verified · 2 withheld
- operational summaryThe report focuses on the Dokie wind energy project sale process; the Monitor recommends approval of the Dokie APA under which the purchaser will complete construction and continue the Dokie Project, preserving local employment, with unsecured creditors expected to recover approximately 85% of claims.
- recovery outcomeentries: basis: plan · quote: Based on the analysis completed by the Monitor with respect to the estimated recoveries and claims, under the Dokie APA and the contemplated Plan of Arrangement that is required under the Dokie APA, unsecured creditors could receive a recovery in the range of 85% of their respective claim, which is significantly greater than under the liquidation scenarios. · pct of: unstated · outcome: distribution · pct low: 85 · pct high: 85 · class key: unsecured · stated by: monitor · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated · stated on: 2009-05-27 · table missing:
- report date27 May 2009
- report noEighth Report
- sale advisorBlair Franklin Capital Partners Inc.; GMP Securities L.P.; Marathon Capital LLC
- sale outcometext: Dokie APA entered into and pending Court approval · scope: parcel · status: pending_approval
2 extracted values are withheld: either a trap-shaped field where models produce confident wrong numbers, or an identity value whose quotation could not be found in the document. Withheld values are shown to no one.