Ontario · Receivership (court-appointed)
Motion Record of the Receiver returnable June 15, 2020
Application / notice of application · 4 June 2020
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: approximate: false · period: kind: interim · quote: Fee Affidavit of Kyle Plunkett for the interim account of Aird & Berlis LLP sworn June 1, 2020 · approval: state: unstated · averages: rate: 503.75 · quote: The average hourly rate of Aird & Berlis LLP is $503.75. · currency: · invoices: date: 2020-05-29 · quote: an account dated May 29, 2020 in the amount of $7,776.78 in respect of the period from April 1, 2020 to April 30, 2020 · total: 7776.78 · period end: 2020-04-30 · period start: 2020-04-01 · firm text: Aird & Berlis LLP · firm quote: Fee Affidavit of Kyle Plunkett for the interim account of Aird & Berlis LLP · context quote: Fee Affidavit of Kyle Plunkett for the interim account of Aird & Berlis LLP sworn June 1, 2020 · context unverified: true
- recovery outcomeentries: basis: estimated · quote: It is anticipated that Royal Bank of Canada ('RBC'), the major secured creditor, will incur a significant shortfall on its indebtedness. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: Royal Bank of Canada · creditor name: Royal Bank of Canada · interim final: unstated · related party: false · claims qualifier: unstated · stated on: 2020-06-04 · table missing: