Alberta · Receivership (court-appointed)
Fourth and Final Report of the Receiver - Westmount Projects Inc.
Court officer report · 15 April 2024
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What we verified from this filing2 verified
- fee scheduleengagements: form: invoice_listing · rows: · money: tax: label: GST · quote: 8,284.50 · amount: 8284.5 · fees: quote: 183,209.09 · amount: 183209.09 · total: quote: 193,974.43 · amount: 193974.43 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: 2,480.84 · amount: 2480.84 · period: end: 2024-04-12 · kind: cumulative · quote: Summary of Receiver's Fees As at April 15, 2024 · start: 2023-05-15 · approval: state: unstated · averages: · currency: · invoices: tax: 2364.79 · fees: 46790.92 · quote: 8003785882 | May 15, 2023 to June 23, 2023 · total: 49660.5 · period end: 2023-06-23 · period start: 2023-05-15 · disbursements: 504.79; tax: 3098.28 · fees: 60470.17 · quote: 8004021636 | June 25, 2023 to September 26, 2023 · total: 65063.83 · period end: 2023-09-26 · period start: 2023-06-25 · disbursements: 1495.38; tax: 1922.41 · fees: 37967.5 · quote: 8004491085 | September 27, 2023 to November 24, 2023 · total: 40370.58 · period end: 2023-11-24 · period start: 2023-09-27 · disbursements: 480.67; tax: 899.03 · fees: 17980.5 · quote: WORK-IN-PROGRESS | November 25, 2023 to April 12, 2024 · total: 18879.53 · period end: 2024-04-12 · period start: 2023-11-25 · firm text: Deloitte Restructuring Inc. · firm quote: Deloitte Restructuring Inc. (' Deloitte ') was appointed by an Order · context quote: In the Matter of the Receivership of Westmount Projects Inc. Summary of Receiver's Fees As at April 15, 2024; form: prose · rows: · money: fees: quote: totalling approximately $104,200 (excluding GST) · amount: 104200 · approximate: true · period: kind: final · quote: for the period of June 25, 2023 through to the Receiver's discharge and completion of its administration of the Debtors' estates · start: 2023-06-25 · approval: quote: The Receiver is also seeking approval of Dentons' fees · state: sought · averages: · currency: · invoices: · firm text: Dentons · firm quote: The Receiver is also seeking approval of Dentons' fees · context quote: The Receiver is also seeking approval of Dentons' fees for the period of June 25, 2023 through to the Receiver's discharge and completion of its administration of the Debtors' estates, totalling approximately $104,200 (excluding GST).
- recovery outcomeentries: basis: estimated · quote: | Estimated Distribution to BMO | 2,873,220 | 836,516 | 836,516 | 1,200,189 | · pct of: unstated · outcome: distribution · currency: CAD · class key: secured · stated by: receiver · amount low: 2873220 · amount high: 2873220 · class label: BMO - Mortgaged Property · creditor name: BMO · interim final: unstated · related party: false · currency quote: (All amounts in $CAD) · claims qualifier: unstated; basis: estimated · quote: | Estimated shortfall in Horizon mortgage payout | (580,172) | (120,328) | (266,101) | (193,743) | · pct of: unstated · outcome: shortfall · currency: CAD · class key: secured · stated by: receiver · class label: Horizon - Mortgaged Property · creditor name: Horizon · interim final: unstated · related party: false · currency quote: (All amounts in $CAD) · claims qualifier: unstated · shortfall amount: 580172 · table missing: