Alberta · Receivership (court-appointed)
Filed Second Report of the Receiver
Court officer report · 5 December 2022
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What we verified from this filing2 verified
- fee scheduleengagements: form: invoice_listing · rows: · money: tax: label: GST · quote: 4,597.27 $ · amount: 4597.27 · fees: quote: 90,234.70 $ · amount: 90234.7 · total: quote: 96,542.60 $ · amount: 96542.6 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: 1,710.63 $ · amount: 1710.63 · period: end: 2022-11-30 · kind: invoice · label: Period Ended November 30, 2022 · quote: Schedule of Professional Fees and Disbursements for the Period Ended November 30, 2022 · start: 2022-07-13 · approval: quote: The Receiver is seeking approval of the Receiver's Interim SRD for the period of July 13, 2022 to November 30, 2022 and the professional fees and disbursements of the Receiver and the Receiver's legal counsel in the amounts set forth above. · state: sought · averages: · currency: · invoices: tax: 4023.01 · fees: 79613.7 · quote: 10615043 | Services for July 11 - August 31 2022 | 79,613.70 $ | 846.50 $ | 80,460.20 $ | 4,023.01 $ | 84,483.21 $ · total: 84483.21 · period end: 2022-08-31 · period start: 2022-07-11 · disbursements: 846.5; tax: 325.96 · fees: 6424 · quote: 10651998 | Services for September 1-30 2022 | 6,424.00 | 95.19 | 6,519.19 | 325.96 | 6,845.15 · total: 6845.15 · period end: 2022-09-30 · period start: 2022-09-01 · disbursements: 95.19; tax: 248.3 · fees: 4197 · quote: 10652002 | Services for October 1-31 2022 | 4,197.00 | 768.94 | 4,965.94 | 248.30 | 5,214.24 · total: 5214.24 · period end: 2022-10-31 · period start: 2022-10-01 · disbursements: 768.94 · firm text: MNP Ltd. · firm quote: SECOND REPORT OF MNP LTD. AS RECEIVER OF VERTEX DOWNHOLE LTD. · context quote: For the period of July 13, 2022 to October 31, 2022, the Receiver has incurred professional fees and disbursements of $91,945, excluding GST.; form: invoice_listing · rows: · money: tax: label: GST · quote: 2,151.12 $ · amount: 2151.12 · fees: quote: 41,317.00 $ · amount: 41317 · total: quote: 45,183.63 $ · amount: 45183.63 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: 1,715.51 $ · amount: 1715.51 · period: end: 2022-09-30 · kind: invoice · label: Period Ended November 30, 2022 · quote: For the period of July 13, 2022 to September 30, 2022 Dentons has incurred professional fees and disbursements of $43,032.51, excluding GST. · start: 2022-07-13 · approval: quote: The Receiver is seeking approval of the Receiver's Interim SRD for the period of July 13, 2022 to November 30, 2022 and the professional fees and disbursements of the Receiver and the Receiver's legal counsel in the amounts set forth above. · state: sought · averages: · currency: · invoices: tax: 2002.05 · fees: 38502 · quote: 3692414 | Services for July 14 - 31 2022 | 38,502.00 $ | 1,549.06 $ | 40,051.06 $ | 2,002.05 $ | 42,053.11 $ · total: 42053.11 · period end: 2022-07-31 · period start: 2022-07-14 · disbursements: 1549.06; tax: 149.07 · fees: 2815 · quote: 3696662 | Services for August 1 -31 2022 | 2,815.00 | 166.45 | 2,981.45 | 149.07 | 3,130.52 · total: 3130.52 · period end: 2022-08-31 · period start: 2022-08-01 · disbursements: 166.45; tax: 15.63 · fees: 284 · quote: 3703759 | Services for September 1 - 30, 2022 | 284.00 | 78.52 | 362.52 | 15.63 | 378.15 · total: 378.15 · period end: 2022-09-30 · period start: 2022-09-01 · disbursements: 78.52 · firm text: Dentons LLP · firm quote: Dentons LLP Legal counsel for the Receiver · context quote: For the period of July 13, 2022 to September 30, 2022 Dentons has incurred professional fees and disbursements of $43,032.51, excluding GST.
- recovery outcomeentries: basis: unstated · quote: Upon approval of this Honourable Court, the Receiver proposes an interim distribution to HSBC in the amount of $5,250,000 from the funds being held in the receivership trust account. · pct of: unstated · outcome: distribution · currency: CAD · class key: secured · stated by: receiver · amount low: 5250000 · cumulative: false · amount high: 5250000 · class label: HSBC · claims amount: 9289275 · creditor name: HSBC Bank Canada · interim final: interim · related party: false · conditional on: Upon approval of this Honourable Court · currency quote: All amounts included herein are in Canadian dollars unless otherwise stated. · claims qualifier: unstated · stated on: 2022-12-01 · table missing: