Alberta · Receivership (court-appointed)
Filed Second Report of the Receiver
Court officer report · 4 May 2018
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 filing6 verified
- disbursementsnote: Per Interim Statement of Receipts and Disbursements for the period March 29, 2018 to May 4, 2018 · since: March 29, 2018 (Receivership appointment) · amount: 28825.56 · currency: CAD
- operational summaryThe Company's oilfield water/waste management operations were substantially halted prior to receivership; the Receiver took possession of assets, terminated employees, is winding down via collection of accounts receivable, has solicited and accepted an auction proposal for equipment liquidation, and is pursuing sale of real property.
- professional feesnote: Also includes Receiver's disbursements of $2,125.67 for total fees and disbursements of $67,430.67; legal fees of Receiver's counsel (Ogilvie LLP) shown separately in invoice as $11,032.50 in fees plus GST, invoice total $12,100.01 · party: MNP Ltd. (Receiver) · amount: 65305 · period: March 27, 2018 to May 7, 2018 · currency: CAD
- receipts cumulativenote: Per Interim Statement of Receipts and Disbursements for the period March 29, 2018 to May 4, 2018 · since: March 29, 2018 (Receivership appointment) · amount: 149085.15 · currency: CAD
- report date4 May 2018
- report noSecond Report