Ontario · NOI
Motion Record of the Proposal Trustee - KPMG Inc.
Application / notice of application · 8 April 2025
What we verified from this filing2 verified
- fee scheduleengagements: form: prose · rows: · money: approximate: false · period: kind: unstated · label: the Period · quote: The average hourly rate billed by the Proposal Trustee during the Period is $603.84. · approval: state: unstated · averages: rate: 603.84 · quote: The average hourly rate billed by the Proposal Trustee during the Period is $603.84. · scope: Proposal Trustee · currency: · invoices: date: 2025-03-10 · quote: an account dated March 10, 2025, in the amount of $1,904.05 in respect of the period from February 24, 2025 to February 25, 2025 · total: 1904.05 · period end: 2025-02-25 · period start: 2025-02-24; date: 2025-04-07 · quote: an account dated April 07, 2025, in the amount of $14,288.85 in respect of the period from March 18, 2025 to April 2, 2025 · total: 14288.85 · period end: 2025-04-02 · period start: 2025-03-18 · firm text: KPMG Inc. · firm quote: Lawyers for KPMG Inc., solely in its capacity as Proposal Trustee and not in its personal or corporate capacity · context quote: Lawyers for KPMG Inc., solely in its capacity as Proposal Trustee and not in its personal or corporate capacity; form: prose · rows: · money: approximate: false · period: end: 2025-04-30 · kind: unstated · label: Termination Date · quote: Bennett Jones LLP's fees and disbursements, and those of the Proposal Trustee, for the period from April 3, 2025, to the earlier of (the ' Termination Date '): April 30, 2025, and the date upon which the Proposal Trustee files a certificate with this Court certifying that all remai · start: 2025-04-03 · approval: state: unstated · averages: · currency: · invoices: · firm text: Bennett Jones LLP · firm quote: BENNETT JONES LLP · context quote: Bennett Jones LLP's fees and disbursements, and those of the Proposal Trustee, for the period from April 3, 2025, to the earlier of (the ' Termination Date '): April 30, 2025, and the date upon which the Proposal Trustee files a certificate with this Court certifying that all remai
- recovery outcomeentries: basis: estimated · quote: After payment of amounts owing in connection with the Administration Charge and accounting for the Priority Claims Reserve, the Proposal Trustee notes that CWB suffer a shortfall on its secured advances to Brands. · pct of: unstated · outcome: shortfall · class key: secured · stated by: proposal_trustee · class label: CWB · creditor name: CWB · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: Subject to this Court's approval, the Proposal Trustee proposes to distribute $1,200,000 to CWB (the ' CWB Distribution '), which, for clarity, represents all of the funds held by the Proposal Trustee, less the Administration Reserve, as detailed below: · pct of: unstated · outcome: distribution · class key: secured · stated by: proposal_trustee · amount low: 1200000 · amount high: 1200000 · class label: CWB · creditor name: CWB · interim final: unstated · claims qualifier: unstated · stated on: 2025-04-08 · table missing: