Ontario · CCAA
Sixth Report of the Monitor dated October 23, 2024
Court officer report · 23 October 2024
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What we verified from this filing1 verified
- fee scheduleengagements: form: time_summary · rows: Robert Kofman; Jordan Wong; Tony Trifunovic; fees: 3451.75 · hours: 14.8 · quote: Other staff and administrative | | 14.80 | 195-225 | 3,451.75 · rate max: 225 · rate min: 195 · row kind: bucket · rate kind: range · name as stated: Other staff and administrative · money: fees: quote: Total fees | | 101.20 | | 60,891.75 · amount: 60891.75 · approximate: false · period: end: 2024-09-30 · kind: cumulative · label: the Period · quote: For the Period from July 1, 2024 to September 30, 2024 · start: 2024-07-01 · approval: state: unstated · averages: rate: 601.7 · quote: As reflected on Exhibit 'B', the Monitor's average hourly rate for the Period was $601.70. · scope: the Monitor for the Period · currency: · invoices: · firm text: KSV Restructuring Inc. · firm quote: I am the President of KSV Restructuring Inc. (' KSV '), the Court-appointed monitor (the ' Monitor ') · hours total: quote: Total fees | | 101.20 | | 60,891.75 · value: 101.2 · context quote: I am the President of KSV Restructuring Inc. (' KSV '), the Court-appointed monitor (the ' Monitor ') under the Companies' Creditors Arrangement Act (the ' CCAA ') of Skylink Express Inc.; form: rate_chart · rows: Carlo Vairo; Jane Dietrich; Monique Sassi; Stephanie Fernandes; Melissa Montana; Joshua Gordon · money: approximate: false · period: end: 2024-09-30 · kind: invoice · quote: EXHIBIT 'B' Billing Rates of Cassels Brock & Blackwell LLP For the period from July 1, 2024, to September 30, 2024 · start: 2024-07-01 · approval: state: unstated · averages: rate: 737.78 · quote: The average hourly rate charged by Cassels was $737.78. · scope: Cassels · currency: · invoices: · firm text: Cassels Brock & Blackwell LLP · firm quote: EXHIBIT 'B' Billing Rates of Cassels Brock & Blackwell LLP For the period from July 1, 2024, to September 30, 2024 · context quote: counsel for KSV Restructuring Inc. in its capacity as the courtappointed monitor of Skylink Express Inc.; form: invoice_listing · rows: · money: tax: label: HST · quote: Total | 20,436.50 | 0.00 | 2,656.75 | 23,093.25 | 27.70 | 737.78 · amount: 2656.75 · fees: quote: Total | 20,436.50 | 0.00 | 2,656.75 | 23,093.25 | 27.70 | 737.78 · amount: 20436.5 · total: quote: Total | 20,436.50 | 0.00 | 2,656.75 | 23,093.25 | 27.70 | 737.78 · amount: 23093.25 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: Total | 20,436.50 | 0.00 | 2,656.75 | 23,093.25 | 27.70 | 737.78 · amount: 0 · period: end: 2024-09-30 · kind: cumulative · quote: Calculation of Average Hourly Billing Rates of Cassels Brock & Blackwell LLP for the period July 1, 2024 to September 30, 2024 · start: 2024-07-01 · approval: state: unstated · averages: rate: 737.78 · quote: The average hourly rates for the Monitor and Cassels for the referenced billing periods were $601.70 and $737.78, respectively. · scope: the referenced billing periods · currency: · invoices: tax: 2333.76 · fees: 17952 · quote: 2247333 July 1, 2024 to July 31, 2024 | 17,952.00 | 0.00 | 2,333.76 | 20,285.76 | 24.40 | 735.74 · total: 20285.76 · period end: 2024-07-31 · average rate: 735.74 · period start: 2024-07-01 · disbursements: 0; tax: 271.64 · fees: 2089.5 · quote: 2252210 August 1, 2024 to August 31, 2024 | 2,089.50 | 0.00 | 271.64 | 2,361.14 | 2.70 | 773.89 · total: 2361.14 · period end: 2024-08-31 · average rate: 773.89 · period start: 2024-08-01 · disbursements: 0; tax: 51.35 · fees: 395 · quote: 2254233 September 1, 2024 to September 30, 2024 | 395.00 | 0.00 | 51.35 | 446.35 | 0.60 | 658.33 · total: 446.35 · period end: 2024-09-30 · average rate: 658.33 · period start: 2024-09-01 · disbursements: 0 · firm text: Cassels Brock & Blackwell LLP · firm quote: Calculation of Average Hourly Billing Rates of Cassels Brock & Blackwell LLP for the period July 1, 2024 to September 30, 2024 · hours total: quote: Total | 20,436.50 | 0.00 | 2,656.75 | 23,093.25 | 27.70 | 737.78 · value: 27.7 · context quote: counsel for KSV Restructuring Inc. in its capacity as the courtappointed monitor of Skylink Express Inc.; form: time_summary · rows: Jane Dietrich; Monique Sassi; Carlo Vairo; Melissa Montana; Stephanie Fernandes; Joshua Gordon · money: tax: label: HST · quote: TOTAL TAXES | | | | 2,333.76 · amount: 2333.76 · fees: quote: TOTAL FEES | | | | 17,952.00 · amount: 17952 · total: quote: TOTAL FEES & TAXES (CAD) | | | | 20,285.76 · amount: 20285.76 · includes tax: true · approximate: false · period: kind: invoice · quote: Fees for professional services rendered up to and including August 31, 2024 · start: 2024-07-01 · approval: state: unstated · averages: · currency: code: CAD · quote: Total (CAD) · invoices: · firm text: Cassels Brock & Blackwell LLP · firm quote: FEE SUMMARY | Name | Title | Hours | Rate | Amount · hours total: quote: Total (CAD) | | 24.40 | | 17,952.00 · value: 24.4 · context quote: Fees for professional services rendered up to and including August 31, 2024; form: time_summary · rows: Jane Dietrich; Monique Sassi; Stephanie Fernandes · money: tax: label: HST · quote: TOTAL TAXES | | | | 271.64 · amount: 271.64 · fees: quote: TOTAL FEES | | | | 2,089.50 · amount: 2089.5 · total: quote: TOTAL FEES & TAXES (CAD) | | | | 2,361.14 · amount: 2361.14 · includes tax: true · approximate: false · period: end: 2024-08-31 · kind: invoice · quote: Fees for professional services rendered up to and including August 31, 2024 · approval: state: unstated · averages: · currency: code: CAD · quote: Total (CAD) · invoices: · firm text: Cassels Brock & Blackwell LLP · firm quote: FEE SUMMARY | Name | Title | Hours | Rate | Amount · hours total: quote: Total (CAD) | | 2.70 | | 2,089.50 · value: 2.7 · context quote: Fees for professional services rendered up to and including August 31, 2024; form: time_summary · rows: Monique Sassi; Stephanie Fernandes · money: tax: label: HST · quote: TOTAL TAXES | | | | 51.35 · amount: 51.35 · fees: quote: TOTAL FEES | | | | 395.00 · amount: 395 · total: quote: TOTAL FEES & TAXES (CAD) | | | | 446.35 · amount: 446.35 · includes tax: true · approximate: false · period: end: 2024-09-30 · kind: invoice · quote: Sep-04-24 | M. Sassi | Correspondence regarding UPS contract; · start: 2024-09-01 · approval: state: unstated · averages: · currency: code: CAD · quote: Total (CAD) · invoices: · firm text: Cassels Brock & Blackwell LLP · firm quote: FEE SUMMARY | Name | Title | Hours | Rate | Amount · hours total: quote: Total (CAD) | | 0.60 | | 395.00 · value: 0.6 · context quote: Re: Insolvency proceedings re: Skylink Express Inc.; form: time_summary · rows: Bobby Kofman; Jordan Wong; Tony Trifunovic; fees: 3283 · hours: 14.05 · quote: Other Staff and Administration | 195-225 | 14.05 | 3,283.00 · rate max: 225 · rate min: 195 · row kind: bucket · rate kind: range · name as stated: Other Staff and Administration · money: tax: label: HST · quote: HST | 6,510.79 · amount: 6510.79 · fees: quote: Total fees per attached time summary | $ 50,083.00 · amount: 50083 · total: quote: Total Due | $ 56,593.79 · amount: 56593.79 · includes tax: true · approximate: false · period: end: 2024-07-31 · kind: invoice · quote: For the month ended July 31, 2024 · start: 2024-07-01 · approval: state: unstated · averages: · currency: · invoices: · firm text: KSV Restructuring Inc. · firm quote: For professional services rendered in July 2024 by KSV Restructuring Inc. · context quote: For professional services rendered in July 2024 by KSV Restructuring Inc., in its capacity as Court-appointed Monitor (the ' Monitor ') · context unverified: true; form: time_summary · rows: Bobby Kofman; Jordan Wong; fees: 168.75 · rate: 225 · hours: 0.75 · quote: Other Staff and Administration | 225 | 0.75 | 168.75 · row kind: bucket · rate kind: standard · name as stated: Other Staff and Administration · money: tax: label: HST · quote: HST | 846.79 · amount: 846.79 · fees: quote: Total fees per attached time summary | $ 6,513.75 · amount: 6513.75 · total: quote: Total Due | $ 7,360.54 · amount: 7360.54 · includes tax: true · approximate: false · period: end: 2024-08-31 · kind: invoice · quote: Time Summary Re August 2024 · start: 2024-08-01 · approval: state: unstated · averages: · currency: · invoices: · firm text: KSV Restructuring Inc. · firm quote: For professional services rendered in August 2024 by KSV Restructuring Inc. · context quote: For professional services rendered in August 2024 by KSV Restructuring Inc., in its capacity as Court-appointed Monitor (the ' Monitor '); form: time_summary · rows: Bobby Kofman; Jordan Wong · money: tax: label: HST · quote: HST | 558.35 · amount: 558.35 · fees: quote: Total fees per attached time summary | $ 4,295.00 · amount: 4295 · total: quote: Total Due | $ 4,853.35 · amount: 4853.35 · includes tax: true · approximate: false · period: end: 2024-09-30 · kind: invoice · quote: For the month ended September 30, 2024 · start: 2024-09-01 · approval: state: unstated · averages: · currency: · invoices: · firm text: KSV Restructuring Inc. · firm quote: For professional services rendered in September 2024 by KSV Restructuring Inc. · context quote: For professional services rendered in September 2024 by KSV Restructuring Inc., in its capacity as Court-appointed Monitor (the ' Monitor ')