Alberta · NOI
Application (BIA Proposal Approval), filed November 24, 2020
Application / notice of application · 24 November 2020
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 filing1 verified
- recovery outcomeentries: basis: plan · quote: Affected Creditors with Proven Claims of $1,500 or less are to be paid in full from the Proposal Fund and are therefore deemed to vote in favour of the Proposal. · pct of: unstated · outcome: paid_in_full · class key: unsecured · stated by: proposal_trustee · amount low: 1500 · amount high: 1500 · class label: Affected Creditors with Proven Claims of $1,500 or less · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Affected Creditors with Proven Claims of more than $1,500 will each be entitled to a distribution of $1,500 plus a pro rata entitlement to the remainder of the Proposal Fund. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: proposal_trustee · amount low: 1500 · amount high: 1500 · class label: Affected Creditors with Proven Claims of more than $1,500 · interim final: unstated · conditional on: 100% of the first $1,500; pro rata thereafter · claims qualifier: unstated · table missing: