Interim receivership
Amended Proposal – dated July 18, 2014
Proposal document · 18 July 2014
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: owing to Her Majesty in Right of Canada or a Province that could be subject to a demand under Section 224(1.2) of the Income Tax Act (Canada), or under any substantially similar provision of provincial legislation, outstanding at the Filing Date, will be paid in full within six (6) months after Approval; and · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: Crown Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: o es o e se s es s t receive under Paragraph 136(1)(d) of the ACT if the Company became bankrupt on the date of the Approval, will be paid in full within thirty (30) days following Approval. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: Employee Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: All Preferred Claims will be paid in full, without any interest whatsoever, in priority to all claims of Ordinary Claims within thirty (30) days following Approval of the Proposal by the Court or in accordance with agreements which may be concluded between the Debtor and any such Preferred Creditor. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: Preferred Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: In full and final settlement of all the claims of the Ordinary Creditors, including claims of every nature and kind whatsoever, whether due or not due for payment as of the Filing Date, including contingent or unliquidated claims arising out of any transaction entered into by the Company prior to the date thereof, the Company shall pay to the Trustee the amount of $50,000.00 (FIFTY THOUSAND DOLLARS), within thirty (30) days following Approval of the Proposal by the Court. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: debtor · amount low: 50000 · amount high: 50000 · class label: Ordinary Claims · interim final: unstated · claims qualifier: unstated · table missing: