Alberta · Receivership (court-appointed)
Third Report of the Receiver (June 15, 2020)
Court officer report · 15 June 2020
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What we verified from this filing2 verified
- fee scheduleengagements: form: invoice_listing · rows: · money: tax: label: GST · quote: 10,866.09 $ · amount: 10866.09 · fees: quote: 212,763.50 $ · amount: 212763.5 · total: quote: 228,187.92 $ · amount: 228187.92 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: 4,558.33 $ · amount: 4558.33 · period: end: 2020-04-30 · kind: invoice · quote: October 1, 2019 - April 30, 2020 · start: 2019-10-01 · approval: quote: Invoices Subject to Court Approval · state: sought · averages: · currency: · invoices: tax: 2308.74 · fees: 45867.5 · quote: LREIT - 5 | October 1, 2019 to October 31, 2019 | 45,867.50 | 307.21 | 46,174.71 | 2,308.74 | 48,483.45 · total: 48483.45 · period end: 2019-10-31 · period start: 2019-10-01 · disbursements: 307.21; tax: 4190.99 · fees: 82280 · quote: LREIT - 6 | November 1, 2019 to December 31, 2019 | 82,280.00 | 1,539.76 | 83,819.76 | 4,190.99 | 88,010.75 · total: 88010.75 · period end: 2019-12-31 · period start: 2019-11-01 · disbursements: 1539.76; tax: 1936.03 · fees: 38594.5 · quote: LREIT - 7 | January 1, 2020 to February 29, 2020 | 38,594.50 | 126.15 | 38,720.65 | 1,936.03 | 40,656.68 · total: 40656.68 · period end: 2020-02-29 · period start: 2020-01-01 · disbursements: 126.15; tax: 1256.64 · fees: 22667 · quote: LREIT - 8 | March 1, 2020 to March 31, 2020 | 22,667.00 | 2,465.79 | 25,132.79 | 1,256.64 | 26,389.43 · total: 26389.43 · period end: 2020-03-31 · period start: 2020-03-01 · disbursements: 2465.79; tax: 1173.7 · fees: 23354.5 · quote: LREIT - 9 | April 1, 2020 to April 30, 2020 | 23,354.50 | 119.42 | 23,473.92 | 1,173.70 | 24,647.62 · total: 24647.62 · period end: 2020-04-30 · period start: 2020-04-01 · disbursements: 119.42 · firm text: Alvarez & Marsal Canada Inc. · firm quote: ALVAREZ & MARSAL CANADA INC., in its capacity as the court-appointed Receiver of the LREIT Holdings 34 Corporation., and not in its personal or corporate capacity · context quote: in its capacity as the court-appointed Receiver of the LREIT Holdings 34 Corporation., and not in its personal or corporate capacity; form: invoice_listing · rows: · money: tax: label: GST · quote: 6,411.62 $ · amount: 6411.62 · fees: quote: 127,070.50 $ · amount: 127070.5 · total: quote: 134,693.93 $ · amount: 134693.93 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: 1,211.81 $ · amount: 1211.81 · period: end: 2020-04-30 · kind: invoice · quote: October 1, 2019 - April 30, 2020 · start: 2019-10-01 · approval: quote: Invoices subject to Court Approval · state: sought · averages: · currency: · invoices: tax: 2586.63 · fees: 51629 · quote: 203446289 | October 1, 2019 to October 31, 2019 | 51,629.00 | 103.63 | 51,732.63 | 2,586.63 | 54,319.26 · total: 54319.26 · period end: 2019-10-31 · period start: 2019-10-01 · disbursements: 103.63; tax: 1040.23 · fees: 19898.5 · quote: 203447167 | November 1, 2019 to November 30, 2019 | 19,898.50 | 956.10 | 20,854.60 | 1,040.23 | 21,894.83 · total: 21894.83 · period end: 2019-11-30 · period start: 2019-11-01 · disbursements: 956.1; tax: 461.08 · fees: 9133.5 · quote: 203447889 | December 1, 2019 to December 31, 2019 | 9,133.50 | 88.00 | 9,221.50 | 461.08 | 9,682.58 · total: 9682.58 · period end: 2019-12-31 · period start: 2019-12-01 · disbursements: 88; tax: 164.03 · fees: 3280.5 · quote: 203450865 | January 1, 2020 to February 29, 2020 | 3,280.50 | 0.00 | 3,280.50 | 164.03 | 3,444.53 · total: 3444.53 · period end: 2020-02-29 · period start: 2020-01-01 · disbursements: 0; tax: 764.03 · fees: 15280.5 · quote: 203451670 | March 1, 2020 to March 31, 2020 | 15,280.50 | 0.00 | 15,280.50 | 764.03 | 16,044.53 · total: 16044.53 · period end: 2020-03-31 · period start: 2020-03-01 · disbursements: 0; tax: 1395.63 · fees: 27848.5 · quote: 203452351 | April 1, 2020 - April 30, 2020 | 27,848.50 | 64.08 | 27,912.58 | 1,395.63 | 29,308.21 · total: 29308.21 · period end: 2020-04-30 · period start: 2020-04-01 · disbursements: 64.08 · firm text: Burnet, Duckworth & Palmer LLP · firm quote: Summary of the Receiver's counsel (BDP) Fees and Disbursements · context quote: BURNET, DUCKWORTH & PALMER LLP Suite 2400, 525-8th Ave SW Calgary, Alberta T2P 1G1 Attention: David LeGeyt
- recovery outcomeentries: basis: estimated · quote: Connect First is expected to suffer a shortfall and is considered the fulcrum creditor of the estate. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: Connect First · claims amount: 26000000 · creditor name: Connect First Credit Union · interim final: unstated · claims qualifier: estimated · stated on: 2020-06-15 · table missing: