Ontario · Receivership (court-appointed)
Second Report of the Receiver (May 18, 2018)
Court officer report · 18 May 2018
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What we verified from this filing12 verified
- applicant2624492 ONTARIO INC.
- courtSUPERIOR COURT OF JUSTICE
- court file noCV-18-593678-00CL
- provinceONTARIO
- appointeeAlvarez & Marsal Canada Inc.
- appointee rolereceiver and receiver and manager
- commencement date12 March 2018
- cash on handnote: Combined balance of Receiver's bank accounts comprised of receipts less expenditures from operations plus bank balances on hand at appointment date · as at: 2018-05-18 · amount: 1060000 · currency: CAD · qualifier: approximately
- operational summaryThe Receiver has been operating the Companies' businesses in the normal course during the receivership, retaining substantially all employees, and has negotiated two asset sale transactions (Dumur and Core) intended to complete the wind-down of the estate.
- professional feesnote: Excludes HST; includes disbursements. Chaitons LLP (legal counsel) fees separately stated at $39,494.43 for period up to May 15, 2018, excluding HST. · party: Alvarez & Marsal Canada Inc. (Receiver) · amount: 400175.09 · period: March 12 to May 12, 2018 · currency: CAD
- report date18 May 2018
- report noSecond Report