Ontario · CCAA
Nineteenth Report of the Monitor dated January 24, 2022
Court officer report · 24 January 2022
Also filed as: Fifteenth Report of the Proposal Trustee dated January 24, 2022
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What we verified from this filing2 verified
- fee scheduleengagements: form: prose · rows: · money: approximate: false · period: kind: unstated · approval: state: unstated · averages: rate: 552.64 · quote: The average hourly rates for KSV and Bennett Jones for the referenced billing periods were $552.64 and $586.62, respectively. · scope: KSV · currency: · invoices: · firm text: KSV Restructuring Inc. · firm quote: KSV Restructuring Inc. · context quote: KSV Restructuring Inc. ('KSV') was appointed monitor (in such capacity, the 'Monitor') · context unverified: true; form: prose · rows: · money: approximate: false · period: end: 2021-12-31 · kind: invoice · quote: the accounts of Bennett Jones rendered to the Monitor for the fees and disbursements incurred by Bennett Jones in connection with these proceedings for the period between September 1, 2021 and December 31, 2021 · start: 2021-09-01 · approval: state: unstated · averages: rate: 586.62 · quote: The average hourly rates for KSV and Bennett Jones for the referenced billing periods were $552.64 and $586.62, respectively. · scope: Bennett Jones · currency: · invoices: · firm text: Bennett Jones LLP · firm quote: Bennett Jones LLP · context quote: counsel for KSV Restructuring Inc.
- recovery outcomeentries: basis: actual · quote: the full amount owing to 2557725 Ontario Inc., a mortgagee of the real property owned by one of the Non-Applicants (22 Old Kennedy Development Inc.) · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: monitor · class label: 2557725 Ontario Inc. · creditor name: 2557725 Ontario Inc. · interim final: unstated · claims qualifier: unstated; basis: actual · quote: approximately $5.4 million, representing 61% of the amounts owing to the other six other Secured Creditors · pct of: unstated · outcome: distribution · pct low: 61 · pct high: 61 · class key: secured · stated by: monitor · class label: the other six other Secured Creditors · interim final: unstated · claims qualifier: unstated; basis: actual · quote: On certain Non-Applicant properties and properties of the NOI Debtors, all creditors were paid in full. · pct of: unstated · outcome: paid_in_full · stated by: monitor · class label: creditors on certain Non-Applicant properties and properties of the NOI Debtors · interim final: unstated · claims qualifier: unstated · stated on: 2022-01-24 · table missing: