Ontario · NOI
Order of Justice Penny Approving Proposal
Plan sanction / final order · 16 August 2023
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What we verified from this filing6 verified · 1 withheld
- courtSUPERIOR COURT OF JUSTICE
- court file noBK-23-2933296-00313
- provinceONTARIO
- counselLoopsra Nixon LLP
- presiding officerJustice Penny
- recovery outcomeentries: basis: plan · quote: Convenience Creditor Claims . All Convenience Creditor Claims shall be paid in full. · pct of: unstated · outcome: paid_in_full · pct low: 100 · pct high: 100 · class key: unsecured · stated by: debtor · class label: Convenience Creditor Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Unsecured Claims . Subject to paragraph 25 of this Proposal, the balance of the Sponsor Funds shall be distributed to Unsecured Creditors on a prorated basis. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: debtor · class label: Unsecured Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: No payment shall be made out of the Sponsor Funds, or in respect of this Proposal, to Related Parties, to Existing Equity Holders, to Sigma, or to any Affiliate of the foregoing parties. · pct of: unstated · outcome: nil · class key: equity · stated by: debtor · class label: Related Parties, Existing Equity Holders, Sigma · creditor name: Related Parties, Existing Equity Holders, Sigma · interim final: unstated · related party: true · claims qualifier: unstated; basis: plan · quote: it being understood that in any event, under paragraph 25 of this Proposal, no payment shall be made out of the Sponsor Funds, or in respect of this Proposal, to Sigma or any Affiliate of Sigma · pct of: unstated · outcome: nil · stated by: debtor · class label: Sigma / Affiliates · creditor name: Sigma · interim final: unstated · related party: true · claims qualifier: unstated; basis: plan · quote: The Sponsor covenants and agrees to pay in full, outside of this Proposal, all Employee Preferred Claims outstanding as of the Filing Date, if any, directly to the Creditors thereof, immediately following or prior to the Effective Date. · pct of: unstated · outcome: paid_in_full · pct low: 100 · pct high: 100 · class key: preferred · stated by: debtor · class label: Employee Preferred Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: The Sponsor covenants and agrees to pay in full, outside of this Proposal, all Crown Claims outstanding as of the Filing Date, if any, directly to the Creditors thereof, within six (6) months after · pct of: unstated · outcome: paid_in_full · pct low: 100 · pct high: 100 · class key: preferred · stated by: debtor · class label: Crown Claims · interim final: unstated · claims qualifier: unstated · table missing:
1 extracted value is withheld: either a trap-shaped field where models produce confident wrong numbers, or an identity value whose quotation could not be found in the document. Withheld values are shown to no one.