Ontario · Receivership (court-appointed)
Second Report of the Receiver dated February 24, 2015
Court officer report · 24 February 2015
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What we verified from this filing2 verified
- fee scheduleengagements: form: prose · rows: · money: approximate: false · period: kind: unstated · approval: state: unstated · averages: rate: 222.56 · quote: The average hourly rate for D&P and Chaitons for the referenced billing periods was $222.56 (net of the discounts noted above) and $483, respectively. · scope: D&P (net of the discounts noted above) · currency: · invoices: · firm text: Duff & Phelps Canada Restructuring Inc. · firm quote: Second Report of Duff & Phelps Canada Restructuring Inc. as Receiver of Zsemba Apron & Upholstery Ltd. · context quote: Second Report of Duff & Phelps Canada Restructuring Inc. as Receiver of Zsemba Apron & Upholstery Ltd.; form: prose · rows: · money: approximate: false · period: kind: unstated · approval: state: unstated · averages: rate: 483 · quote: The average hourly rate for D&P and Chaitons for the referenced billing periods was $222.56 (net of the discounts noted above) and $483, respectively. · scope: Chaitons · currency: · invoices: · firm text: Chaitons · firm quote: Chaitons · context quote: The average hourly rate for D&P and Chaitons for the referenced billing periods was $222.56 (net of the discounts noted above) and $483, respectively.
- recovery outcomeentries: basis: estimated · quote: RBC will incur a very significant shortfall on its loans to the Company; · 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 · claims qualifier: unstated; basis: estimated · quote: RBC is projected to incur a shortfall on its advances to the Company. · 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 · claims qualifier: unstated; basis: estimated · quote: The Receiver anticipates that RBC will incur a shortfall on its advances to the Company and that Mr. Zsemba will not see any recoveries on his advances to the Company. · pct of: unstated · outcome: nil · class key: secured · stated by: receiver · class label: George Zsemba · creditor name: George Zsemba · interim final: unstated · claims qualifier: unstated · stated on: 2015-02-24 · table missing: