GREY:NMKEF - Post by User
Post by
TicTacToon Aug 19, 2020 12:30pm
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Post# 31428960
Liabilities
Liabilities Based on management and the Corporation's consultants' assessment as well as information available, an amount of approximately $93 million has been provisioned for obligations relating to past events that could likely result in a potential payment in relation with the Claims Process. This provisioned amount, in conjunction with the other balances included in the liabilities subject to compromise, is the best estimate of what could be expected to be considered as the potential foundation of a plan of compromise or arrangement to the Corporation's creditors