Saskatchewan · NOI
Notice to Creditors - May 1, 2026
Notice to creditors · 1 May 2026
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: Based on the Company's records as at Initial Filing Date, the projected distribution to Pro Rata Creditors is expected to be approximately 3.95% of their claim. · pct of: unstated · outcome: distribution · pct low: 3.95 · pct high: 3.95 · class key: unsecured · stated by: proposal_trustee · class label: Pro Rata Creditors (Unsecured Creditors) · claims amount: 3331224 · interim final: unstated · claims qualifier: estimated; basis: plan · quote: Convenience Creditors will receive the first $1,500 of their proven claim from the Proposal Proceeds in full settlement of their claim. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: proposal_trustee · amount low: 1500 · amount high: 1500 · class label: Convenience Class Creditors · interim final: unstated · conditional on: 100% of the first $1,500 of each Unsecured Claim · claims qualifier: unstated; basis: plan · quote: The Claim of each Secured Creditor will be paid by the Debtor in accordance with agreements between the Debtor and the Secured Creditor or as otherwise agreed between the Secured Creditor and the Debtor. · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: proposal_trustee · class label: Secured Creditors · interim final: unstated · claims qualifier: unstated; basis: plan · quote: The Claim of each Related Creditor will be paid by the Debtor in accordance with agreements between the Debtor and the Related Creditor or as otherwise agreed between the Related Creditor and the Debtor. · pct of: unstated · outcome: paid_in_full · class key: unsecured · stated by: proposal_trustee · class label: Related Creditors · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Post-Filing Claims will be paid in full by the Debtor in the ordinary course of business and on regular trade terms, or as may otherwise be arranged with the holders of such Post-Filing Claims. · pct of: unstated · outcome: paid_in_full · stated by: proposal_trustee · class label: Post-Filing Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Source Deduction Creditors, as defined in the Proposal, are to be paid in full from operational cash flows of the Company on such dates as agreed by CRA, provided it is no later than six (6) months following approval of the Proposal by the Court. · pct of: unstated · outcome: paid_in_full · class key: deemed_trust · stated by: proposal_trustee · class label: Source Deduction Creditors · creditor name: Canada Revenue Agency · interim final: unstated · claims qualifier: unstated; basis: plan · quote: The Proven Claims of the Preferred Creditors (excluding the Employee Claims) of the Debtor will be paid in full in priority to the Proven Claims of other Unsecured Creditors in accordance with the BIA and the Proposal. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: proposal_trustee · class label: Preferred Creditors · interim final: unstated · claims qualifier: unstated; basis: plan · quote: The claims of Employee Creditors, as defined in the Proposal and capped at $2,000 per employee, shall be paid in full from operational cash flows of the Companies. · pct of: unstated · outcome: paid_in_full · stated by: proposal_trustee · class label: Employee Creditors · interim final: unstated · conditional on: capped at $2,000 per employee · claims qualifier: unstated · stated on: 2026-05-01 · table missing: