Ontario · Interim receivership
Motion Record of the Receiver
Application / notice of application · 21 April 2026
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What we verified from this filing2 verified
- fee scheduleengagements: form: prose · rows: · money: fees: quote: for a total of $84,702.50 prior to disbursements of $800.28 and applicable taxes · amount: 84702.5 · total: quote: The Receiver requests that the Court approve its interim accounts for the period from December 4, 2025 to April 19, 2026 in the amount of $96,618.14 inclusive of HST of $11,115.36, for the services set out in Exhibit 'A' · amount: 96618.14 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: prior to disbursements of $800.28 and applicable taxes · amount: 800.28 · period: end: 2026-04-19 · kind: interim · quote: The Receiver's fees for the period December 4, 2025, to April 19, 2026 encompass 296.50 hours at an average hourly rate of approximately $285.67 for a total of $84,702.50 prior to disbursements of $800.28 and applicable taxes. · start: 2025-12-04 · approval: quote: The Receiver requests that the Court approve its interim accounts for the period from December 4, 2025 to April 19, 2026 in the amount of $96,618.14 inclusive of HST of $11,115.36 · state: sought · averages: rate: 285.67 · quote: an average hourly rate of approximately $285.67 · currency: · invoices: · firm text: BDO Canada Limited · firm quote: BDO Canada Limited, in its capacity as the Court-appointed receiver · hours total: quote: encompass 296.50 hours at an average hourly rate of approximately $285.67 · value: 296.5 · context quote: BDO Canada Limited, in its capacity as the Court-appointed receiver (in such capacity, the ' Receiver '); form: prose · rows: · money: fees: quote: for a total of $34,807.50 prior to applicable taxes · amount: 34807.5 · approximate: false · period: end: 2026-03-18 · kind: invoice · quote: WeirFoulds fees for the period December 4, 2025 to March 18, 2026 encompass 62.3 hours at an average hourly rate of approximately $558.71 for a total of $34,807.50 prior to applicable taxes. · start: 2025-12-04 · approval: state: unstated · averages: rate: 558.71 · quote: an average hourly rate of approximately $558.71 · currency: · invoices: · firm text: WeirFoulds · firm quote: WeirFoulds fees for the period December 4, 2025 to March 18, 2026 · hours total: quote: encompass 62.3 hours at an average hourly rate of approximately $558.71 · value: 62.3 · context quote: Lawyers for BDO Canada Limited
- recovery outcomeentries: basis: estimated · quote: Based upon the proceeds from the closing of the Transactions, there will not be sufficient funds to repay the indebtedness owed by the Companies to Meridian and, as a result, Meridian is expected to suffer a shortfall. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: Meridian · creditor name: Meridian · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: All the assets of the Companies have been liquidated, and all proceeds will be distributed pursuant to the order requested on this motion. No assets remain to be liquidated, and no amounts will be distributed to the remaining creditors of the Companies. · pct of: unstated · outcome: nil · class key: unsecured · stated by: receiver · class label: remaining creditors of the Companies · interim final: unstated · claims qualifier: unstated · stated on: 2026-04-21 · table missing: