British Columbia · Receivership (court-appointed)
Receiver's First Report to Court
Court officer report · 8 October 2024
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What we verified from this filing14 verified
- applicantTHE TORONTO-DOMINION BANK
- courtIN THE SUPREME COURT OF BRITISH COLUMBIA
- court file noS-235790
- appointeeMNP Ltd.
- appointee roleReceiver and Manager
- commencement date24 August 2023
- unsecured creditorsnote: Deemed trust portion ($120,579.22 = payroll source deductions $112,683.57 + GST $7,895.65); ordinary unsecured portion of CRA claim reported separately · page: 10 · as of: Receivership Order date · basis: Proof of claim - deemed trust class · amount: 120579.22 · debtor: FBS Fairview Builder Services Incorporated · creditor: CRA - FBS Fairview Builder Services Incorporated · currency: CAD
- unsecured creditorsnote: Unsecured portion ($115,299.14 = payroll source deductions $62,161.63 + GST $53,137.51); deemed trust portion reported separately · page: 10 · as of: Receivership Order date · basis: Proof of claim - unsecured (non-deemed trust) · amount: 115299.14 · debtor: Klondike Contracting Corporation · creditor: CRA - Klondike Contracting Corporation · currency: CAD
- unsecured creditorsnote: Deemed trust portion, all payroll source deductions (GST portion nil in deemed trust column) · page: 10 · as of: Receivership Order date · basis: Proof of claim - deemed trust class · amount: 125548.06 · debtor: Klondike Contracting Corporation · creditor: CRA - Klondike Contracting Corporation · currency: CAD
- unsecured creditorsnote: Unsecured portion ($73,220.93 = payroll source deductions $72,546.44 + GST $674.49); deemed trust portion reported separately · page: 10 · as of: Receivership Order date · basis: Proof of claim - unsecured (non-deemed trust) · amount: 73220.93 · debtor: FBS Fairview Builder Services Incorporated · creditor: CRA - FBS Fairview Builder Services Incorporated · currency: CAD
- unsecured creditorsnote: Preferred - super-priority ranking ahead of registered security interests over current assets; twenty-eight KCC employees · page: 11 · basis: Statutory maximum payable under s.81.4 BIA for wage arrears · amount: 49468 · debtor: Klondike Contracting Corporation · creditor: Service Canada (WEPPA - KCC employees) · currency: CAD
- unsecured creditorsnote: Preferred - super-priority ranking ahead of registered security interests over current assets; thirteen FBS employees · page: 11 · basis: Statutory maximum payable under s.81.4 BIA for wage arrears · amount: 24761 · debtor: FBS Fairview Builder Services Incorporated · creditor: Service Canada (WEPPA - FBS employees) · currency: CAD
- unsecured creditorsnote: BC Ministry of Finance had not yet submitted a claim for unremitted PST; Receiver anticipates approximately $7,500 owing based on books and records review · page: 11 · basis: Receiver's estimate; no claim yet submitted · amount: 7500 · debtor: Klondike Contracting Corporation / FBS Fairview Builder Services Incorporated · creditor: British Columbia Ministry of Finance (PST) · currency: CAD
- fee scheduleengagements: form: time_summary · rows: Greg Ibbott; Seamus Boyle; Elizabeth Chen; Heather Ursaki; Julia Noort; Michael Tian; Sammer Kassam; fees: 180971.15 · hours: 411.45 · quote: Subtotal | Subtotal | 411.45 | | 180,971.15 $ · row kind: subtotal · rate kind: standard · name as stated: Subtotal · money: total: quote: TOTAL TRUSTEE'S FEES AND | TOTAL TRUSTEE'S FEES AND | 411.45 | | 181,275.10 $ · amount: 181275.1 · includes disbursements: true · approximate: false · disbursements: quote: Disbursements | | | 303.95 · amount: 303.95 · period: end: 2024-08-30 · kind: cumulative · quote: for the period of March 1 to August 30 2024 as Receiver of the Companies · start: 2024-03-01 · approval: state: unstated · averages: · currency: · invoices: · firm text: MNP Ltd. · firm quote: MNP Ltd. was appointed as Receiver and Manager (the ' Receiver ') · hours total: quote: Subtotal | Subtotal | 411.45 | | 180,971.15 $ · value: 411.45 · context quote: MNP Ltd. was appointed as Receiver and Manager (the ' Receiver ') of all of the assets, undertakings and property (collectively, the ' Assets ') of Klondike Contracting Corporation (' KCC ') and FBS Fairview Builder Services Incorporated (' FBS ', and collectively the ' Companies ').; form: invoice_listing · rows: · money: tax: label: GST · quote: Total GST: $ 131.00 · amount: 131 · fees: quote: Total Fees: $ 2,620.00 · amount: 2620 · total: quote: Total Current Invoice Due: CAD $ 2,934.40 · amount: 2934.4 · includes tax: true · approximate: false · period: end: 2024-02-29 · kind: invoice · quote: For Professional Services rendered and/or disbursements advanced through February 29, 2024. · approval: state: unstated · averages: · currency: code: CAD · quote: Total Current Invoice Due: CAD $ 2,934.40 · invoices: · firm text: DLA Piper (Canada) LLP · firm quote: DLA Piper (Canada) LLP · context quote: DLA Piper (Canada) LLP 1133 Melville St, Suite 2700 Vancouver, BC V6E 4E5 www.dlapiper.com T 604.687.9444 F 604.687.1612; form: time_summary · rows: Greg Ibbott; Seamus Boyle; Elizabeth Chen; Michael Tian; Julia Noort; Winnie Peng · money: tax: label: GST · quote: GST on Professional Fees | 2,809.84 · amount: 2809.84 · total: quote: TOTAL THIS INVOICE | $ 59,006.54 · amount: 59006.54 · includes tax: true · approximate: false · period: kind: unstated · approval: state: unstated · averages: rate: 456.33 · quote: (* Average) | | 123.15 | 456.33 · currency: · invoices: · hours total: quote: 123.15 · value: 123.15 · firm unverified: true · context unverified: true