Quebec · Bankruptcy
Report of the Trustee on the Financial Situation of the Debtor and on the Proposal • July 9, 2009
Court officer report · 9 July 2009
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What we verified from this filing8 verified
- appointeeRSM Richter Inc.
- appointee roleTrustee
- commencement date21 April 2009
- courtSUPERIOR COURT (Commercial Division)
- court file no500-11-036176-093
- provinceQUÉBEC
- statutory basisSections 50(10)(b) and 50(5) of the Bankruptcy and Insolvency Act
- recovery outcomeentries: basis: unstated · quote: | Estimated percentage of cash distribution to Trade Creditors | 6.17% | · pct of: unstated · outcome: distribution · pct low: 6.17 · pct high: 6.17 · class key: unsecured · stated by: trustee · amount low: 316610 · amount high: 316610 · class label: Trade Creditors (cash portion) · claims amount: 5131394 · interim final: unstated · claims qualifier: estimated; basis: plan · quote: | Estimated percentage of Convertible Promissory Notes distribution to Trade Creditors | 48.26% | · pct of: unstated · outcome: distribution · pct low: 48.26 · pct high: 48.26 · class key: unsecured · stated by: trustee · amount low: 2476197 · amount high: 2476197 · class label: Trade Creditors (Convertible Promissory Notes portion) · claims amount: 5131394 · interim final: unstated · claims qualifier: estimated; basis: liquidation_alternative · quote: compared to a dividend of nil for Trade Creditors and Debenture Holders in the event of a bankruptcy. · pct of: unstated · outcome: nil · class key: secured · stated by: trustee · class label: Trade Creditors and Debenture Holders · interim final: unstated · claims qualifier: unstated · stated on: 2009-07-09 · table missing: