Quebec · CCAA
Fourth Report of the Monitor Richter Inc. (Formerly Richter Advisory Group Inc.) – dated February 24, 2022
Court officer report · 24 February 2022
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What we verified from this filing1 verified
- recovery outcomeentries: basis: estimated · quote: the purchase price will enable the payment in full of the secured debt owing to Firm Capital, payment of ordinary course post-filing obligations of the Debtors prior to closing of the Transaction, and will further enable a claims process for distributions to unsecured creditors in amounts to be determined, being dependent on multiple factors occurring subsequent to this report, including the closing date of the Transaction and the implementation of an approved claims process which has yet to be initiated; · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: monitor · class label: secured debt owing to Firm Capital · creditor name: Firm Capital · interim final: unstated · conditional on: closing of the Transaction · claims qualifier: unstated; basis: unstated · quote: the purchase price will enable the payment in full of the secured debt owing to Firm Capital, payment of ordinary course post-filing obligations of the Debtors prior to closing of the Transaction, and will further enable a claims process for distributions to unsecured creditors in amounts to be determined, being dependent on multiple factors occurring subsequent to this report, including the closing date of the Transaction and the implementation of an approved claims process which has yet to be initiated; · pct of: unstated · outcome: undetermined · class key: unsecured · stated by: monitor · class label: unsecured creditors · interim final: unstated · conditional on: closing of the Transaction and the implementation of an approved claims process which has yet to be initiated · claims qualifier: unstated · table missing: