Ontario · Receivership (court-appointed)
Fifteenth Report of the Receiver dated March 12, 2025
Court officer report · 12 March 2025
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing8 verified
- closing confirmedscope: the Highview Real Property · outcome: completed · effective: 2023-10-31 · purchaser: 2133904 Ontario Inc. · date basis: stated · approval order date: 2023-09-29
- fee scheduleengagements: form: prose · rows: · money: approximate: false · period: kind: unstated · approval: state: unstated · averages: rate: 582.32 · quote: The average hourly rate for the Receiver for the referenced billing period was $582.32. · scope: the Receiver · currency: · invoices: · firm text: KSV Restructuring Inc. · firm quote: KSV Restructuring Inc. (' KSV ') was appointed as the receiver and manager (the ' Receiver ') · context quote: KSV Restructuring Inc. (' KSV ') was appointed as the receiver and manager (the ' Receiver ') of the property, assets and undertaking of Highview Building Corp Inc.; form: prose · rows: · money: approximate: false · period: kind: unstated · approval: state: unstated · averages: rate: 771.32 · quote: The average hourly rate for Paliare was $771.32. · scope: Paliare · currency: · invoices: · firm text: Paliare · firm quote: The average hourly rate for Paliare was $771.32. · context quote: The average hourly rate for Paliare was $771.32.
- operational summaryHighview's real property was sold and the transaction closed in October 2023; the Receiver has been winding down remaining matters including creditor correspondence, the Marzano claim dispute, a dismissed class action, and HST filings, and is now seeking its discharge.
- professional feesnote: Excludes disbursements and HST. Paliare's (Receiver's counsel) fees for Highview specifically plus allocated general fees total $93,446, also excluding disbursements and HST, for the period September 13, 2023 to February 19, 2025. · party: Receiver (KSV Restructuring Inc.) · amount: 55792.5 · period: September 1, 2023 to February 28, 2025 · currency: CAD
- purchaser2133904 Ontario Inc.
- report date12 March 2025
- report noFifteenth Report
- sale outcometext: sale of the Highview Real Property closed · scope: whole_business · status: closed