GREY:NMKEF - Post by User
Comment by
Takeactionnowon Jun 12, 2020 12:24pm
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Post# 31143835
RE:RE:Creditor Claim Outcome
RE:RE:Creditor Claim OutcomeThis is the expected outcome, which confirms that shareholders,
unless they had a claim other than simply their status as shareholder, do not have any special entitlement under the CCAA proceedings. The bottom line is that creditor claims are paid in priority. The word "equity" simply refers to shareholdings.
Vermast1 wrote: I just got the same email with them stating i am an Equity Claim, to be honest I have no idea what it means and hope someone can help!
Cheers