Ontario · Receivership (court-appointed)
4th report of the Receiver dated May 4, 2021
Court officer report · 4 May 2021
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What we verified from this filing6 verified
- closing confirmedscope: the Property · outcome: not_completed · purchaser: 102568 P.E.I Inc. · date basis: unstated
- fee scheduleengagements: form: time_summary · rows: J. Parisi; G. Cerrato; A. Koroneos; D. Zheng; fees: 630 · hours: 3.6 · quote: Administrative Support | 3.60 | | 630.00 · row kind: bucket · rate kind: standard · name as stated: Administrative Support; fees: 15258.5 · hours: 33.5 · quote: TOTAL | 33.50 | | 15,258.50 $ · row kind: subtotal · rate kind: standard · name as stated: TOTAL · money: tax: label: HST - 13.0% · quote: HST - 13.0% (#R101518124) | 1,983.61 · amount: 1983.61 · fees: quote: Our Fee | 15,258.50 $ · amount: 15258.5 · total: quote: Total Due | 17,242.11 $ · amount: 17242.11 · includes tax: true · approximate: false · period: end: 2021-04-30 · kind: invoice · label: Billing Period · quote: TO OUR FEE FOR PROFESSIONAL SERVICES rendered from 26 February 2021 to 30 April 2021 · start: 2021-02-26 · approval: state: unstated · averages: rate: 455.48 · quote: The Receiver's fees for the Billing Period encompass 33.5 hours at an average hourly rate of approximately $455.48 for a total of $15,258.50 prior to applicable taxes. · currency: · invoices: · firm text: BDO Canada Limited · firm quote: FOURTH REPORT TO THE COURT OF BDO CANADA LIMITED, IN ITS CAPACITY AS COURT APPOINTED RECEIVER · hours total: quote: TOTAL | 33.50 | | 15,258.50 $ · value: 33.5 · context quote: IN ITS CAPACITY AS COURT APPOINTED RECEIVER OF THE PROPERTY MUNICIPALLY KNOWN AS 995-1001, 1003 & 1005 BROADVIEW AVENUE, TORONTO, ONTARIO AND 2 & 4 MORTIMER AVENUE, TORONTO, ONTARIO; form: time_summary · rows: Dominique Michaud; Ladislav Kovac; Joseph Jamil; Kimberly Lexovsky · money: tax: label: H.S.T. @13% · quote: H.S.T. @13% | H.S.T. @13% | H.S.T. @13% | H.S.T. @13% | $3,963.77 · amount: 3963.77 · fees: quote: SUBTOTAL FEES: | SUBTOTAL FEES: | SUBTOTAL FEES: | SUBTOTAL FEES: | $30,490.50 · amount: 30490.5 · total: quote: TOTAL FEES, DISBURSEMENTS & H.ST. | $34,803.90 · amount: 34803.9 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: Disbursements | $347.14 · amount: 347.14 · period: end: 2021-04-30 · kind: invoice · label: Billing Period · quote: Fees and Disbursement Summary of Robins Appleby LLP for the period from February 18, 2021 up to April 30, 2021 · start: 2021-02-18 · approval: state: unstated · averages: rate: 511.59 · quote: R&A's fees for the Billing Period encompass 59.6 hours at an average hourly rate of approximately $511.59 for a total of $30,490.50 prior to disbursements of $347.14 and applicable taxes. · currency: · invoices: · firm text: Robins Appleby LLP · firm quote: Fees and Disbursement Summary of Robins Appleby LLP for the period from February 18, 2021 up to April 30, 2021 · context quote: Fees and Disbursement Summary of Robins Appleby LLP for the period from February 18, 2021 up to April 30, 2021
- process resultsbids: 3 · note: Property exposed to market approximately 2 weeks after termination order, generating three offers including one from 102 PEI
- purchaser102568 P.E.I Inc.; Mirshams Mousavi
- sale advisorAvison
- sale outcometext: Receiver seeks approval of the Mousavi Sale Transaction after the earlier 102 PEI transaction terminated · scope: whole_business · status: pending_approval