Nova Scotia · Receivership (court-appointed)
Seventh Report of Deloitte Restructuring Inc. in its Capacity as Receiver of Meridien Atlantic Fishing Ltd., Rocky Coast Seafoods Ltd. and 9514228 Canada Inc. dated December 4, 2024
Court officer report · 4 December 2024
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 filing2 verified
- fee scheduleengagements: form: invoice_listing · rows: · money: tax: label: HST · quote: $24,832.44 · amount: 24832.44 · fees: quote: $163,412.50 · amount: 163412.5 · total: quote: $191,352.73 · amount: 191352.73 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: $3,107.79 · amount: 3107.79 · period: end: 2024-10-28 · kind: cumulative · quote: Summary of Accounts Rendered by Stewart McKelvey for the period of February 22, 2023 to October 28, 2024 · start: 2023-02-22 · approval: state: unstated · averages: rate: 301.14 · quote: $301.14 · currency: · invoices: tax: 91.91 · date: 2023-03-29 · fees: 585 · quote: March 29, 2023 | 704.66 $ | 585.00 $ | - $ | 27.75 $ | 91.91 $ | 450.00 $ · total: 704.66 · average rate: 450; tax: 1118.03 · date: 2023-04-30 · fees: 7392 · quote: April 30, 2023 | 8,721.43 $ | 7,392.00 $ | 125.00 $ | 86.40 $ | 1,118.03 $ | 224.17 $ · total: 8721.43 · average rate: 224.17 · disbursements: 125; tax: 1811.55 · date: 2023-05-05 · fees: 12069 · quote: May 5, 2023 | 13,954.55 $ | 12,069.00 $ | 66.00 $ | 8.00 $ | 1,811.55 $ | 282.00 $ · total: 13954.55 · average rate: 282 · disbursements: 66; tax: 856.13 · date: 2023-06-22 · fees: 5623.5 · quote: June 22, 2023 | 6,563.63 $ | 5,623.50 $ | - $ | 84.00 $ | 856.13 $ | 261.67 $ · total: 6563.63 · average rate: 261.67; tax: 2905.76 · date: 2023-07-18 · fees: 19359 · quote: July 18, 2023 | 22,343.51 $ | 19,359.00 $ | 66.00 $ | 12.75 $ | 2,905.76 $ | 228.33 $ · total: 22343.51 · average rate: 228.33 · disbursements: 66; tax: 2479.05 · date: 2023-08-21 · fees: 16484 · quote: August 21, 2023 | 19,222.05 $ | 16,484.00 $ | 230.00 $ | 29.00 $ | 2,479.05 $ | 215.21 $ · total: 19222.05 · average rate: 215.21 · disbursements: 230; tax: 124.76 · date: 2023-09-28 · fees: 831 · quote: September 28, 2023 | 956.51 $ | 831.00 $ | - $ | 0.75 $ | 124.76 $ | 310.00 $ · total: 956.51 · average rate: 310; tax: 1090.8 · date: 2023-10-20 · fees: 7272 · quote: October 20, 2023 | 8,362.80 $ | 7,272.00 $ | - $ | - $ | 1,090.80 $ | 310.00 $ · total: 8362.8 · average rate: 310; tax: 1000.99 · date: 2023-11-30 · fees: 6673 · quote: November 30, 2023 | 7,699.24 $ | 6,673.00 $ | 25.00 $ | 0.25 $ | 1,000.99 $ | 326.00 $ · total: 7699.24 · average rate: 326 · disbursements: 25; tax: 4151.37 · date: 2023-12-19 · fees: 26973 · quote: December 19, 2023 | 31,993.17 $ | 26,973.00 $ | 223.00 $ | 645.80 $ | 4,151.37 $ | 280.00 $ · total: 31993.17 · average rate: 280 · disbursements: 223; tax: 505.2 · date: 2023-12-31 · fees: 3368 · quote: December 31, 2023 | 3,873.20 $ | 3,368.00 $ | - $ | - $ | 505.20 $ | 221.67 $ · total: 3873.2 · average rate: 221.67; tax: 1243.73 · date: 2024-02-28 · fees: 8287.5 · quote: February 28, 2024 | 9,535.23 $ | 8,287.50 $ | - $ | 4.00 $ | 1,243.73 $ | 325.00 $ · total: 9535.23 · average rate: 325; tax: 712.88 · date: 2024-03-26 · fees: 4702.5 · quote: March 26, 2024 | 5,465.38 $ | 4,702.50 $ | - $ | 50.00 $ | 712.88 $ | 283.75 $ · total: 5465.38 · average rate: 283.75; tax: 177.75 · date: 2024-04-16 · fees: 1185 · quote: April 16, 2024 | 1,362.75 $ | 1,185.00 $ | - $ | - $ | 177.75 $ | 412.50 $ · total: 1362.75 · average rate: 412.5; tax: 2711.82 · date: 2024-05-31 · fees: 17988 · quote: May 31, 2024 | 20,922.62 $ | 17,988.00 $ | 132.00 $ | 90.80 $ | 2,711.82 $ | 321.25 $ · total: 20922.62 · average rate: 321.25 · disbursements: 132; tax: 798.61 · date: 2024-06-18 · fees: 5258.5 · quote: June 18, 2024 | 6,172.61 $ | 5,258.50 $ | 90.00 $ | 25.50 $ | 798.61 $ | 250.33 $ · total: 6172.61 · average rate: 250.33 · disbursements: 90; tax: 2636.49 · date: 2024-07-29 · fees: 16726.5 · quote: July 29, 2024 | 20,379.04 $ | 16,726.50 $ | 166.00 $ | 850.05 $ | 2,636.49 $ | 284.17 $ · total: 20379.04 · average rate: 284.17 · disbursements: 166; tax: 54.11 · date: 2024-08-30 · fees: 225 · quote: August 30, 2024 | 414.85 $ | 225.00 $ | 120.00 $ | 15.74 $ | 54.11 $ | 412.50 $ · total: 414.85 · average rate: 412.5 · disbursements: 120; tax: 50.25 · date: 2024-09-25 · fees: 335 · quote: September 25, 2024 | 385.25 $ | 335.00 $ | - $ | - $ | 50.25 $ | 311.67 $ · total: 385.25 · average rate: 311.67; tax: 311.25 · date: 2024-10-28 · fees: 2075 · quote: October 28, 2024 | 2,320.25 $ | 2,075.00 $ | (66.00) $ | - $ | 311.25 $ | 312.50 $ · total: 2320.25 · average rate: 312.5 · disbursements: -66 · firm text: Stewart McKelvey · firm quote: Summary of Accounts Rendered by Stewart McKelvey for the period of February 22, 2023 to October 28, 2024 · context quote: Summary of Accounts Rendered by Stewart McKelvey for the period of February 22, 2023 to October 28, 2024
- recovery outcomeentries: basis: estimated · quote: As of the date of this Seventh Report, the Distributable Funds are estimated to be $430,000. · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · amount low: 430000 · amount high: 430000 · class label: TD Bank · creditor name: TD Bank · interim final: unstated · related party: false · claims qualifier: unstated; basis: actual · quote: authorized the Receiver to distribute funds to TD in the amount of $2,100,000 (the ' Interim Distribution '); · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · amount low: 2100000 · cumulative: false · amount high: 2100000 · class label: TD Bank · creditor name: TD Bank · interim final: interim · related party: false · claims qualifier: unstated; basis: unstated · quote: The Receiver has received correspondence from CRA asserting a priority claim against the assets of Rocky Coast in the amount of $3,638. · pct of: unstated · outcome: distribution · class key: deemed_trust · stated by: receiver · amount low: 3638 · amount high: 3638 · class label: CRA Deemed Trust Claim · claims amount: 3638 · creditor name: CRA · interim final: unstated · claims qualifier: asserted · stated on: 2024-12-04 · table missing: