Ontario · CCAA
Fifty-First Report of the Monitor dated March 22, 2022
Court officer report · 22 March 2022
A plain-language read of this filing opens with a subscription.
What we verified from this filing4 verified
- closing confirmedscope: the Downsview Interest · outcome: completed · purchaser: Mattamy (Downsview) Limited · date basis: stated_partial · approval order date: 2021-12-29; scope: the Lawrence Property · outcome: completed · purchaser: Fernbrook Homes (Lawrence) Limited · date basis: unstated
- fee scheduleengagements: form: invoice_listing · rows: Robert Kofman; Noah Goldstein; fees: 4105 · hours: 9.35 · quote: Other staff and administration | | 9.35 | 4,105.00 · row kind: bucket · rate kind: standard · name as stated: Other staff and administration · money: tax: label: HST · quote: HST | 3,054.49 · amount: 3054.49 · total: quote: Total Due | $ 26,550.59 · amount: 26550.59 · includes tax: true · includes disbursements: true · approximate: false · period: end: 2021-12-31 · kind: invoice · label: For the month ending December 2021 · quote: For the month ending December 2021 · start: 2021-12-01 · approval: state: unstated · averages: · currency: · invoices: · firm text: KSV Restructuring Inc. · firm quote: KSV Restructuring Inc. Urbancorp Group · hours total: quote: Total Fees and Disbursements | | 36.60 | 23,496.10 · value: 36.6 · context quote: KSV Restructuring Inc., in its capacity as Monitor; form: invoice_listing · rows: Robert Kofman; Noah Goldstein; fees: 941 · hours: 3.3 · quote: Other staff and administration | | 3.30 | 941.00 · row kind: bucket · rate kind: standard · name as stated: Other staff and administration · money: tax: label: HST · quote: HST 1,558.58 · amount: 1558.58 · total: quote: Total Due $ 13,547.65 · amount: 13547.65 · includes tax: true · includes disbursements: true · approximate: false · period: end: 2022-01-31 · kind: invoice · label: For the month ending January 2022 · quote: For the month ending January 2022 · start: 2022-01-01 · approval: state: unstated · averages: · currency: · invoices: · firm text: KSV Restructuring Inc. · firm quote: KSV Restructuring Inc. Urbancorp Group · hours total: quote: Total Fees and Disbursements | | 18.65 | 11,989.07 · value: 18.65 · context quote: KSV Restructuring Inc. in its capacity as Monitor (the 'Monitor'); form: invoice_listing · rows: Robert Kofman; Noah Goldstein; fees: 3761 · hours: 8.1 · quote: Other staff and administration | | 8.10 | 3,761.00 · row kind: bucket · rate kind: standard · name as stated: Other staff and administration · money: tax: label: HST · quote: H ST | 2,423.57 · amount: 2423.57 · total: quote: Tot al Due | $ 21,066.41 · amount: 21066.41 · includes tax: true · includes disbursements: true · approximate: false · period: end: 2022-02-28 · kind: invoice · label: For the month ending February 2022 · quote: For the month ending February 2022 · start: 2022-02-01 · approval: state: unstated · averages: · currency: · invoices: · firm text: KSV Restructuring Inc. · firm quote: KSV Restructuring Inc. · hours total: quote: Total Fees and Disbursements | | 29.30 | 18,642.84 · value: 29.3 · context quote: KSV Restructuring Inc., in its capacity as Monitor; form: invoice_listing · rows: Paul Lamarre; Robin B. Schwill; Robin B. Schwill; Robert Nicholls; Robert Nicholls; Sandy Prosa; David Reiner; Martina Williams; Ioana Hancas; Sawyer Swarek · money: tax: label: HST · quote: $18,648.60 · amount: 18648.6 · fees: quote: TOTALS | $142,571.50 | · amount: 142571.5 · total: quote: $1 62,636.88 · amount: 162636.88 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: $1, 4 16.78 · amount: 1416.78 · period: end: 2022-02-28 · kind: cumulative · label: For the Period from November 1, 2021 to February 28, 2022 · quote: For the Period from November 1, 2021 to February 28, 2022 · start: 2021-11-01 · approval: state: unstated · averages: rate: 853 · quote: Average Blended Hourly Rate (rounded to nearest dollar) | Average Blended Hourly Rate (rounded to nearest dollar) | Average Blended Hourly Rate (rounded to nearest dollar) | $853.00 · scope: rounded to nearest dollar · currency: · invoices: tax: 8189.41 · date: 2021-11-01 · fees: 62955.5 · quote: November 1, 2021 | November 1, 2021 to November 30, 2021 | $62,955.50 | $389.90 | $8,189.41 | $71,534.81 · total: 71534.81 · period end: 2021-11-30 · period start: 2021-11-01 · disbursements: 389.9; tax: 5605.88 · date: 2022-01-13 · fees: 43113 · quote: January 13, 2022 | December 1, 2021 to December 31, 2021 | $43,113.00 | $24.15 | $5,605.88 | $48,743. 0 3 · total: 48743.03 · period end: 2021-12-31 · period start: 2021-12-01 · disbursements: 24.15; tax: 3448.75 · date: 2022-02-16 · fees: 26137 · quote: February 16, 2022 | January 1, 2022 to January 31, 2022 | $26,137.00 | $ 4 06.85 | $3,448.75 | $2 9 ,992.60 · total: 29992.6 · period end: 2022-01-31 · period start: 2022-01-01 · disbursements: 406.85; tax: 1404.56 · date: 2022-03-16 · fees: 10366 · quote: March 16, 2022 | January 1, 2022 to February 28, 2022 | $10,366.00 | $595.88 | $1,404.56 | $12,366.44 · total: 12366.44 · period end: 2022-02-28 · period start: 2022-01-01 · disbursements: 595.88 · firm text: Davies Ward Phillips & Vineberg LLP · firm quote: corresponding with Davies Ward Phillips & Vineberg LLP ('Davies'), the Monitor's legal counsel · hours total: quote: Total Hours | Total Hours | Total Hours | 167.20 · value: 167.2 · context quote: the Monitor's legal counsel; form: time_summary · rows: Robin B. Schwill; Robert Nicholls; Sawyer Swarek; Sandy Prosa; fees: 62955.5 · hours: 70 · quote: TOTAL | | 70.00 | 62,955.50 · row kind: subtotal · rate kind: standard · name as stated: TOTAL · money: fees: quote: OUR FEE | $ 62,955.50 · amount: 62955.5 · approximate: false · period: end: 2021-11-30 · kind: invoice · quote: Period: November 1, 2021 to November 30, 2021 · start: 2021-11-01 · approval: state: unstated · averages: · currency: · invoices: · firm text: Davies Ward Phillips & Vineberg LLP · firm quote: Davies Ward Phillips & Vineberg LLP · hours total: quote: TOTAL HOURS | TOTAL HOURS | TOTAL HOURS | 70.00 · value: 70 · context quote: the Monitor's legal counsel; form: time_summary · rows: Paul Lamarre; Robin B. Schwill; Robert Nicholls; Sawyer Swarek; Sandy Prosa; fees: 43113 · hours: 54.7 · quote: TOTAL | | 54.70 | 43,113.00 · row kind: subtotal · rate kind: standard · name as stated: TOTAL · money: fees: quote: FEES: | FEES: | FEES: | $43,113.00 · amount: 43113 · approximate: false · period: end: 2021-12-31 · kind: invoice · quote: December 1, 2021 to December 31, 2021 · start: 2021-12-01 · approval: state: unstated · averages: · currency: · invoices: · firm text: Davies Ward Phillips & Vineberg LLP · firm quote: Davies Ward Phillips & Vineberg LLP · hours total: quote: TOTAL HOURS | TOTAL HOURS | TOTAL HOURS | 54.70 · value: 54.7 · context quote: the Monitor's legal counsel; form: time_summary · rows: Robin B. Schwill; Ioana Hancas; Robert Nicholls; Sandy Prosa; Martina Williams; fees: 26137 · hours: 30.3 · quote: TOTAL | | 30.30 | 26,137.00 · row kind: subtotal · rate kind: standard · name as stated: TOTAL · money: fees: quote: FEES: | FEES: | FEES: | $26,137.00 · amount: 26137 · approximate: false · period: end: 2022-01-31 · kind: invoice · quote: Period: January 1, 2022 to January 31, 2022 · start: 2022-01-01 · approval: state: unstated · averages: · currency: · invoices: · firm text: Davies Ward Phillips & Vineberg LLP · firm quote: Davies Ward Phillips & Vineberg LLP · hours total: quote: TOTAL HOURS | TOTAL HOURS | TOTAL HOURS | 30.30 · value: 30.3 · context quote: the Monitor's legal counsel; form: time_summary · rows: Robin B. Schwill; David Reiner; Ioana Hancas; Martina Williams; fees: 10366 · hours: 12.5 · quote: TOTAL | | 12.50 | 10,366.00 · row kind: subtotal · rate kind: standard · name as stated: TOTAL · money: fees: quote: OUR FEE | $ 10,366.00 · amount: 10366 · approximate: false · period: end: 2022-02-28 · kind: invoice · quote: Period: January 1, 2022 to February 28, 2022 · start: 2022-01-01 · approval: state: unstated · averages: · currency: · invoices: · firm text: Davies Ward Phillips & Vineberg LLP · firm quote: Davies Ward Phillips & Vineberg LLP · hours total: quote: TOTAL HOURS | TOTAL HOURS | TOTAL HOURS | 12.50 · value: 12.5 · context quote: the Monitor's legal counsel
- purchaserMattamy (Downsview) Limited; Fernbrook Homes (Lawrence) Limited
- recovery outcomeentries: basis: actual · quote: The Supervising Judge therefore ordered the Monitor to distribute $2.049 million to KTNI from the funds available for distribution, with the proviso that there be no distribution to Doreen Saskin until such time as her claim in the bankruptcy of UMI, KTNI's parent, had been fully and finally accepted by the trustee in bankruptcy of UMI. · pct of: unstated · outcome: distribution · stated by: court · amount low: 2049000 · amount high: 2049000 · class label: KTNI · creditor name: KTNI · interim final: unstated · related party: true · conditional on: no distribution to Doreen Saskin until such time as her claim in the bankruptcy of UMI, KTNI's parent, had been fully and finally accepted by the trustee in bankruptcy of UMI · claims qualifier: unstated · stated on: 2022-03-22 · table missing: