Alberta · Receivership (court-appointed)
Third and Final Report of the Court Appointed Receiver - 1885731 Alberta Ltd.
Court officer report · 2 May 2022
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 filing2 verified
- fee scheduleengagements: form: invoice_listing · rows: · money: · period: end: 2022-04-28 · kind: invoice · quote: SUMMARY OF RECEIVER'S FEES AS AT APRIL 28, 2022 · approval: state: unstated · averages: · currency: code: CAD · quote: $CAD · invoices: tax: 3416.88 · fees: 68337.5 · quote: 80001415699 | July 13, 2020 to September 25, 2020 | 68,337.50 | - | 68,337.50 | 3,416.88 | 71,754.38 · total: 71754.38 · period end: 2020-09-25 · period start: 2020-07-13 · disbursements: 0; tax: 676.75 · fees: 13535 · quote: 8001431843 | September 26, 2020 to October 23, 2020 | 13,535.00 | - | 13,535.00 | 676.75 | 14,211.75 · total: 14211.75 · period end: 2020-10-23 · period start: 2020-09-26 · disbursements: 0; tax: 4330.5 · fees: 86610 · quote: 8001848923 | October 24, 2020 to May 21, 2021 | 86,610.00 | - | 86,610.00 | 4,330.50 | 90,940.50 · total: 90940.5 · period end: 2021-05-21 · period start: 2020-10-24 · disbursements: 0; tax: 1393.38 · fees: 27867.58 · quote: 8002083557 | May 22, 2021 to September 3, 2021 | 27,867.58 | - | 27,867.58 | 1,393.38 | 29,260.96 · total: 29260.96 · period end: 2021-09-03 · period start: 2021-05-22 · disbursements: 0; tax: 667.38 · fees: 13347.5 · quote: DRAFT | September 3, 2021 to April 25, 2022 | 13,347.50 | - | 13,347.50 | 667.38 | 14,014.88 · total: 14014.88 · period end: 2022-04-25 · period start: 2021-09-03 · disbursements: 0 · firm text: Deloitte Restructuring Inc. · firm quote: Deloitte Restructuring Inc. (' Deloitte ') · context quote: was appointed (the ' Receivership Order ') by the Court of Queen's Bench of Alberta (the ' Court ') as receiver and manager (the ' Receiver '); form: invoice_listing · rows: · money: · period: end: 2022-04-28 · kind: invoice · quote: SUMMARY OF LEGAL FEES AS AT APRIL 28, 2022 · approval: state: unstated · averages: · currency: code: CAD · quote: $CAD · invoices: tax: 20.25 · fees: 405 · quote: 12428253 | July 27, 2020 to July 31, 2020 | 405.00 | - | 405.00 | 20.25 | 425.25 · total: 425.25 · period end: 2020-07-31 · period start: 2020-07-27 · disbursements: 0; tax: 201.1 · fees: 3889 · quote: 12436428 | August 1, 2020 to August 28, 2020 | 3,889.00 | 133.00 | 4,022.00 | 201.10 | 4,223.10 · total: 4223.1 · period end: 2020-08-28 · period start: 2020-08-01 · disbursements: 133; tax: 204.17 · fees: 4058 · quote: 12445550 | August 29, 2020 to September 23, 2020 | 4,058.00 | 25.30 | 4,083.30 | 204.17 | 4,287.47 · total: 4287.47 · period end: 2020-09-23 · period start: 2020-08-29 · disbursements: 25.3; tax: 67.5 · fees: 1350 · quote: 12454943 | October 19, 2020 to October 22, 2020 | 1,350.00 | - | 1,350.00 | 67.50 | 1,417.50 · total: 1417.5 · period end: 2020-10-22 · period start: 2020-10-19 · disbursements: 0; tax: 129.89 · fees: 2345 · quote: 12463901 | November 1, 2020 to November 26, 2020 | 2,345.00 | 252.71 | 2,597.71 | 129.89 | 2,727.60 · total: 2727.6 · period end: 2020-11-26 · period start: 2020-11-01 · disbursements: 252.71; tax: 198.25 · fees: 1982.5 · quote: 12483128 | January 8, 2021 to January 28, 2021 | 1,982.50 | - | 1,982.50 | 198.25 | 2,180.75 · total: 2180.75 · period end: 2021-01-28 · period start: 2021-01-08 · disbursements: 0; tax: 148.42 · fees: 2971.25 · quote: 12491437 | February 8, 2021 to February 10, 2021 | 2,971.25 | - | 2,971.25 | 148.42 | 3,119.67 · total: 3119.67 · period end: 2021-02-10 · period start: 2021-02-08 · disbursements: 0; tax: 8.93 · fees: 178.5 · quote: 12501052 | March 22, 2021 | 178.50 | - | 178.50 | 8.93 | 187.43 · total: 187.43 · period end: 2021-03-22 · period start: 2021-03-22 · disbursements: 0; tax: 382.23 · fees: 3822.25 · quote: 12510879 | April 5, 2021 to April 30, 2021 | 3,822.25 | - | 3,822.25 | 382.23 | 4,204.48 · total: 4204.48 · period end: 2021-04-30 · period start: 2021-04-05 · disbursements: 0; tax: 329.9 · fees: 6598 · quote: 12520245 | May 3, 2021 to May 31, 2021 | 6,598.00 | - | 6,598.00 | 329.90 | 6,927.90 · total: 6927.9 · period end: 2021-05-31 · period start: 2021-05-03 · disbursements: 0; tax: 369.45 · fees: 7388.85 · quote: 12530621 | June 1, 2021 to June 29, 2021 | 7,388.85 | - | 7,388.85 | 369.45 | 7,758.30 · total: 7758.3 · period end: 2021-06-29 · period start: 2021-06-01 · disbursements: 0; tax: 61.08 · fees: 1221.6 · quote: 12539997 | July 1, 2021 to July 9, 2021 | 1,221.60 | - | 1,221.60 | 61.08 | 1,282.68 · total: 1282.68 · period end: 2021-07-09 · period start: 2021-07-01 · disbursements: 0; tax: 7.55 · fees: 241.97 · quote: 12559367 | September 1, 2021 | 241.97 | - | 241.97 | 7.55 | 249.52 · total: 249.52 · period end: 2021-09-01 · period start: 2021-09-01 · disbursements: 0; tax: 24.47 · fees: 489.25 · quote: 12569448 | October 20, 2021 to October 21, 2021 | 489.25 | - | 489.25 | 24.47 | 513.72 · total: 513.72 · period end: 2021-10-21 · period start: 2021-10-20 · disbursements: 0; tax: 251.74 · fees: 5034.81 · quote: 12594228 | December 8, 2021 to December 15, 2021 | 5,034.81 | - | 5,034.81 | 251.74 | 5,286.55 · total: 5286.55 · period end: 2021-12-15 · period start: 2021-12-08 · disbursements: 0; tax: 6.65 · fees: 133 · quote: 12603499 | January 18, 2022 to January 20, 2022 | 133.00 | - | 133.00 | 6.65 | 139.65 · total: 139.65 · period end: 2022-01-20 · period start: 2022-01-18 · disbursements: 0; tax: 44.19 · fees: 883.75 · quote: 12613340 | February 14, 2022 to February 24, 2022 | 883.75 | - | 883.75 | 44.19 | 927.94 · total: 927.94 · period end: 2022-02-24 · period start: 2022-02-14 · disbursements: 0; tax: 104.29 · fees: 2085.83 · quote: 12623350 | March 9, 2022 to March 30, 2022 | 2,085.83 | - | 2,085.83 | 104.29 | 2,190.12 · total: 2190.12 · period end: 2022-03-30 · period start: 2022-03-09 · disbursements: 0 · firm text: Osler, Hoskin & Harcourt LLP · firm quote: Corresponded with Osler, Hoskin & Harcourt LLP ('Osler'), the Receiver's independent legal counsel · capacity text: the Receiver's independent legal counsel · context quote: SUMMARY OF LEGAL FEES AS AT APRIL 28, 2022
- recovery outcomeentries: basis: estimated · quote: It is anticipated that a final distribution in the amount of approximately $2.5 million will be made to Innovation. · pct of: unstated · outcome: distribution · currency: CAD · class key: secured · stated by: receiver · amount low: 2500000 · amount high: 2500000 · class label: Innovation · creditor name: Innovation Credit Union and Concentra Financial Services Association · interim final: final · currency quote: $CAD · claims qualifier: unstated · stated on: 2022-05-02 · table missing: