Alberta · NOI
First Report of the Receiver (July 2, 2021)
Court officer report · 2 July 2021
A plain-language read of this filing opens with a subscription.
What we verified from this filing2 verified
- fee scheduleengagements: form: invoice_listing · rows: · money: tax: label: GST · quote: 2,367.73 $ · amount: 2367.73 · fees: quote: 47,354.50 $ · amount: 47354.5 · total: quote: 49,722.23 $ · amount: 49722.23 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: - $ · amount: 0 · period: end: 2021-05-31 · kind: interim · label: Interim Taxation Period · quote: the period of time from April 1, 2021 to May 31, 2021 (the ' Interim Taxation Period ') · start: 2021-04-01 · approval: quote: seeks approval from this Honourable Court of the respective professional fees and disbursements of the Receiver and its independent legal counsel for the period of time from April 1, 2021 to May 31, 2021 · state: sought · averages: · currency: · invoices: tax: 1394.63 · fees: 27892.5 · quote: 1 | April 5, 2021 to April 30, 2021 | 27,892.50 | - | 27,892.50 | 1,394.63 | - | 29,287.13 · total: 29287.13 · period end: 2021-04-30 · period start: 2021-04-05 · disbursements: 0; tax: 973.1 · fees: 19462 · quote: 2 | May 1, 2021 to May 31, 2021 | 19,462.00 | - | 19,462.00 | 973.10 | - | 20,435.10 · total: 20435.1 · period end: 2021-05-31 · period start: 2021-05-01 · disbursements: 0 · firm text: Alvarez & Marsal Canada Inc. · firm quote: FIRST REPORT OF ALVAREZ & MARSAL CANADA INC., IN ITS CAPACITY AS RECEIVER · context quote: IN ITS CAPACITY AS RECEIVER; form: invoice_listing · rows: · money: tax: label: GST · quote: 2,616.67 $ · amount: 2616.67 · fees: quote: 52,333.50 $ · amount: 52333.5 · total: quote: 55,602.69 $ · amount: 55602.69 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: 110.00 $ · amount: 110 · period: end: 2021-05-31 · kind: interim · label: Interim Taxation Period · quote: the period of time from April 1, 2021 to May 31, 2021 (the ' Interim Taxation Period ') · start: 2021-04-01 · approval: quote: seeks approval from this Honourable Court of the respective professional fees and disbursements of the Receiver and its independent legal counsel for the period of time from April 1, 2021 to May 31, 2021 · state: sought · averages: · currency: · invoices: tax: 1854.12 · fees: 37082.5 · quote: 3014829 April 1, 2021 to April 30, 2021 | 37,082.50 | - | 37,082.50 | 1,854.12 | 512.87 | 39,449.49 · total: 39449.49 · period end: 2021-04-30 · period start: 2021-04-01 · disbursements: 0; tax: 762.55 · fees: 15251 · quote: 3014976 May 1, 2021 to May 31, 2021 | 15,251.00 | 110.00 | 15,361.00 | 762.55 | 29.65 | 16,153.20 · total: 16153.2 · period end: 2021-05-31 · period start: 2021-05-01 · disbursements: 110 · firm text: McMillan LLP · firm quote: McMillan LLP · context quote: approval of the Receiver's fees and disbursements and those of the Receiver's independent counsel, McMillan LLP (the ' Receiver's Counsel ')
- recovery outcomeentries: basis: estimated · quote: the Revised Apex Claim will be paid in full from proceeds of the Oil Sands Rights; · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: receiver · class label: Revised Apex Claim · creditor name: Apex · interim final: unstated · conditional on: Should the Proposed Allocation be approved by this Honourable Court · claims qualifier: unstated; basis: estimated · quote: an amount based on the Proposed Allocation of the Revised RMWB Claim would be paid from proceeds of the Tangible assets, with the remaining balance of RMWB's claim being unsecured; and · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · class label: Revised RMWB Claim · creditor name: RMWB · interim final: unstated · conditional on: Should the Proposed Allocation be approved by this Honourable Court · claims qualifier: unstated; basis: estimated · quote: there will be no remaining value of Tangible assets and therefore the Revised Aluma Claim will not receive any distribution from the proceeds of Tangible assets and the entire claim will be unsecured. · pct of: unstated · outcome: nil · class key: secured · stated by: receiver · class label: Revised Aluma Claim · creditor name: Aluma · interim final: unstated · conditional on: Should the Proposed Allocation be approved by this Honourable Court · claims qualifier: unstated; basis: estimated · quote: ATB will be paid its claim in full from the $60,000 Deposit. · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: receiver · class label: ATB · creditor name: ATB · interim final: unstated · claims qualifier: unstated · stated on: 2021-06-30 · table missing: