Alberta · CCAA
Application (Declaration re. Plan Obligations and Sealing Order), filed
Application / notice of application · 25 June 2019
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 filing2 verified
- presiding officerhow: operator-correction · why: an application (declaration re plan obligations and sealing order): 'Before Whom' names its hearing judge (#86, 1 Oct), and 'by Madam Justice K.M. Homer on April 28, 2017' recites the Initial Order's (U10, 27 Sep) · corrects: presiding · rejected: judge: justice-homer-ab · judge party id: 7bcb0564-6f94-406e-ba5c-411d26de07da; judge: justice-romaine-ab · judge party id: 31872856-4557-479f-9dab-60a4b82ebceb
- recovery outcomeentries: basis: plan · quote: the Affected Creditors of USD1 are estimated to receive between 89.4% and 92.4% of their Affected Claims against USD1 under the Joint Plan; · pct of: unstated · outcome: distribution · pct low: 89.4 · pct high: 92.4 · class key: unsecured · stated by: monitor · class label: Affected Creditors of USD1 · interim final: unstated · claims qualifier: unstated; basis: plan · quote: the Affected Creditors of USD2 are estimated to receive between 134% and 135.5% (including interest) of their Affected Claims against USD2 under the Joint Plan; · pct of: unstated · outcome: distribution · class key: unsecured · stated by: monitor · class label: Affected Creditors of USD2 · interim final: unstated · claims qualifier: unstated; basis: plan · quote: there would be an estimated distribution to USD1's Affected Creditors under the Joint Plan in 2019 of approximately CA$900,000; and · pct of: unstated · outcome: distribution · currency: CAD · class key: unsecured · stated by: monitor · amount low: 900000 · amount high: 900000 · class label: USD1's Affected Creditors · interim final: unstated · currency quote: CA$900,000 · claims qualifier: unstated; basis: plan · quote: there would be an estimated distribution to USD2's Affected Creditors under the Joint Plan in 2019 of approximately CA$800,000. · pct of: unstated · outcome: distribution · currency: CAD · class key: unsecured · stated by: monitor · amount low: 800000 · amount high: 800000 · class label: USD2's Affected Creditors · interim final: unstated · currency quote: CA$800,000 · claims qualifier: unstated · stated on: 2018-06-20 · table missing: