Quebec · Receivership (court-appointed)
Sixth Interim Report of the Receiver
Court officer report · 28 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 filing7 verified
- cash on handnote: Reported as 'Amount held in trust by the Receiver' in the interim statement of receipts and disbursements for the period March 30, 2022 to March 24, 2025. · as at: 2025-03-24 · amount: 802774.73 · currency: CAD
- disbursementsnote: Total disbursements through March 24, 2025, including receiver fees, legal fees and taxes. · since: March 30, 2022 · amount: 10768869.77 · currency: CAD
- operational summaryThe Flora Property was surrendered to Romspen on October 18, 2024 under a Voluntary Surrender. The Receiver is transferring remaining contracts, with one legal hypothec claim still being adjudicated in the parallel bankruptcy, and expects to complete the administration within a few months.
- professional feesnote: Receiver fees, excluding GST ($34,315.52) and QST ($68,459.34) charged on remuneration. Legal fees/disbursements of $306,132.30 (excluding GST $15,281.33 and QST $30,486.20) are separately listed. · party: MNP Ltd. (Receiver) · amount: 685684.86 · period: March 30, 2022 to March 24, 2025 · currency: CAD
- receipts cumulativenote: Total receipts through March 24, 2025, including advances from creditor ($8,108,578.43), DIP advances ($1,584,646.29) and tax refunds. · since: March 30, 2022 · amount: 11571644.5 · currency: CAD
- report date28 March 2025
- report noSixth Interim Report of the Receiver