Ontario · Receivership (court-appointed)
Second Report of the Receiver dated January 23, 2024.pdf
Court officer report · 23 January 2024
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What we verified from this filing5 verified
- fee scheduleengagements: form: prose · rows: · money: approximate: false · period: end: 2023-12-31 · kind: invoice · quote: For the period from November 15, 2023 to December 31, 2023 · start: 2023-11-15 · approval: state: unstated · averages: rate: 378.08 · quote: The average hourly rate is $378.08. · currency: · invoices: · firm text: Grant Thornton Limited · firm quote: SECOND REPORT TO THE COURT OF GRANT THORNTON LIMITED IN ITS CAPACITY AS RECEIVER OF GENETIC PROPERTIES INC. · context quote: IN ITS CAPACITY AS RECEIVER OF GENETIC PROPERTIES INC.; form: prose · rows: · money: approximate: false · period: end: 2024-01-16 · kind: invoice · quote: for the period of November 14, 2023 to January 16, 2024. · start: 2023-11-14 · approval: state: unstated · averages: rate: 433.06 · quote: The weighted average hourly rate charged by professionals at Harrison Pensa LLP is $433.06. · currency: · invoices: · firm text: Harrison Pensa LLP · firm quote: The weighted average hourly rate charged by professionals at Harrison Pensa LLP is $433.06. · context quote: The weighted average hourly rate charged by professionals at Harrison Pensa LLP is $433.06.
- process resultsbids: 5 · ndas: 5 · note: Broker selection process, not a purchaser bid process · as of: 2023-12-08 · solicited: 5
- purchaserprice: sealed: false · scope: the shares of Genetic Properties · status: not_completed · name note: Share purchasers under the SPA (Fazari as vendor, Dr. Rita Kilislian and KI Equity Corp. as purchasers) - transaction did not close · structure: shares · name source: recital · relationship: unstated · agreement date: 2023-08-11; KI Equity Corp.
- sale advisorCushman & Wakefield
- sale outcometext: Sale process approved for listing/marketing of the Verbena Property; separate proposed transaction with KI Equity Corp. pending court approval · scope: parcel · status: pending_approval