Newfoundland and Labrador · Proposal
Second Report of Proposal Trustee
Court officer report · 19 September 2018
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 filing5 verified
- cash on handnote: Actual ending cash balance per Cash Flow Reconciliation for week ending September 7, 2018. · as at: 2018-09-07 · amount: 232318 · currency: CAD
- operational summaryBurry's shipyard operations have been substantially shut down, with only minimal collections expected and one retained employee providing security and maintenance, while the Company pursues a Sales Process to support a viable proposal.
- professional feesnote: Total actual professional fees per Cash Flow Reconciliation; component breakdown by firm given in table (e.g. Deloitte 37,670; Boyne Clarke 20,233; Byron D. Smith CA 8,625; BDC 9,000; McInnes Cooper 12,500; Stewart McKelvey 4,087). · party: Multiple professionals (Deloitte Restructuring Inc., Patterson Law, Boyne Clarke, Cox & Palmer, Byron D. Smith CA, BDC, McInnes Cooper, Stewart McKelvey) · amount: 92114 · period: July 14 to September 7, 2018 · currency: CAD
- report date19 September 2018
- report noSecond Report