British Columbia · CCAA
Third Report of the Monitor dated June 24, 2024
Court officer report · 24 June 2024
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What we verified from this filing2 verified
- fee scheduleengagements: form: prose · rows: · money: approximate: false · period: kind: unstated · label: KSV Fee Approval Period · quote: The average hourly rate for the Monitor for the KSV Fee Approval Period was $557.68. · approval: quote: approves of the activities, fees and disbursements of the Monitor and the fees and disbursements of its legal counsel, Bennett Jones LLP · state: sought · averages: rate: 557.68 · quote: The average hourly rate for the Monitor for the KSV Fee Approval Period was $557.68. · scope: Monitor for the KSV Fee Approval Period · currency: · invoices: · firm text: KSV Restructuring Inc. · firm quote: KSV Restructuring Inc. was appointed monitor of the Petitioners · context quote: the fees and disbursements of its legal counsel, Bennett Jones LLP; form: prose · rows: · money: approximate: false · period: kind: unstated · label: Bennett Jones Fee Approval Period · quote: The average hourly rate for Bennett Jones for the Bennett Jones Fee Approval Period was $882.81. · approval: quote: approves of the activities, fees and disbursements of the Monitor and the fees and disbursements of its legal counsel, Bennett Jones LLP · state: sought · averages: rate: 882.81 · quote: The average hourly rate for Bennett Jones for the Bennett Jones Fee Approval Period was $882.81. · scope: Bennett Jones for the Bennett Jones Fee Approval Period · currency: · invoices: · firm text: Bennett Jones LLP · firm quote: its legal counsel, Bennett Jones LLP ('Bennett Jones') · context quote: approves of the activities, fees and disbursements of the Monitor and the fees and disbursements of its legal counsel, Bennett Jones LLP ('Bennett Jones'); form: invoice_listing · rows: · money: approximate: false · period: end: 2024-04-30 · kind: invoice · quote: For professional services rendered for the period ended April 30, 2024 by KSV Restructuring Inc. · approval: state: unstated · averages: · currency: · invoices: · firm text: KSV Restructuring Inc. · firm quote: For professional services rendered for the period ended April 30, 2024 by KSV Restructuring Inc. · context quote: For professional services rendered for the period ended April 30, 2024 by KSV Restructuring Inc.; form: invoice_listing · rows: · money: approximate: false · period: end: 2024-05-31 · kind: invoice · quote: For professional services rendered for the period ended May 31, 2024 by KSV Restructuring Inc. · approval: state: unstated · averages: · currency: · invoices: · firm text: KSV Restructuring Inc. · firm quote: For professional services rendered for the period ended May 31, 2024 by KSV Restructuring Inc. · context quote: For professional services rendered for the period ended May 31, 2024 by KSV Restructuring Inc.
- recovery outcomeentries: basis: estimated · quote: the Senior Secured Lenders, the parties with the sole economic interest left in the Vendors and who are to suffer a material shortfall on their secured claims, have been consulted during the negotiations and are supportive of the Nexii Transaction. · pct of: unstated · outcome: shortfall · class key: secured · stated by: monitor · class label: Senior Secured Lenders · creditor name: Senior Secured Lenders · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: the Senior Secured Lenders, the parties with the sole economic interest left in the Vendors and who are likely to suffer a material shortfall on their secured claims, have been consulted during the negotiations and are supportive of the Transaction. · pct of: unstated · outcome: shortfall · class key: secured · stated by: monitor · class label: Senior Secured Lenders · creditor name: Senior Secured Lenders · interim final: unstated · claims qualifier: unstated · table missing: