Ontario · CCAA
Fifty-Sixth Report of the Monitor dated March 16, 2023
Court officer report · 16 March 2023
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What we verified from this filing2 verified
- fee scheduleengagements: form: time_summary · rows: Robert Kofman; Noah Goldstein; fees: 4307.75 · hours: 12.8 · quote: Other staff and administration | | 12.80 | 4,307.75 · row kind: bucket · rate kind: standard · name as stated: Other staff and administration · money: tax: label: HST · quote: HST | 6,151.18 · amount: 6151.18 · fees: quote: Total Fees | | 64.95 | 41,374.00 · amount: 41374 · total: quote: Total fees and disbursements per attached time summary | $ 47,316.76 · amount: 47316.76 · includes tax: false · includes disbursements: true · approximate: false · disbursements: quote: Disbursements (postage & Dropbox) | | | 5,942.76 · amount: 5942.76 · period: end: 2022-12-31 · kind: invoice · label: For the period November 1, 2022 to December 31, 2022 · quote: For the period November 1, 2022 to December 31, 2022 · start: 2022-11-01 · approval: state: unstated · averages: · currency: · invoices: · firm text: KSV Restructuring Inc. · firm quote: KSV Restructuring Inc., in its capacity as Monitor · hours total: quote: Total Fees and Disbursements | | 64.95 | 47,316.76 · value: 64.95 · context quote: in its capacity as Monitor (the 'Monitor'); form: time_summary · rows: Robert Kofman; Noah Goldstein; fees: 1003.75 · hours: 4.9 · quote: Other staff and administration | | 4.90 | 1,003.75 · row kind: bucket · rate kind: standard · name as stated: Other staff and administration · money: tax: label: HST · quote: HST | 3,162.33 · amount: 3162.33 · fees: quote: Total Fees | | 36.80 | 24,323.75 · amount: 24323.75 · total: quote: Total fees and disbursements per attached time summary | $ 24,325.59 · amount: 24325.59 · includes tax: false · includes disbursements: true · approximate: false · disbursements: quote: Disbursements (postage) | | | 1.84 · amount: 1.84 · period: end: 2023-01-31 · kind: invoice · label: For the month ending January 2023 · quote: For the month ending January 2023 · start: 2023-01-01 · approval: state: unstated · averages: · currency: · invoices: · firm text: KSV Restructuring Inc. · firm quote: KSV Restructuring Inc., in its capacity as Monitor · hours total: quote: Total Fees and Disbursements | | 36.80 | 24,325.59 · value: 36.8 · context quote: in its capacity as Monitor (the 'Monitor'); form: time_summary · rows: Robert Kofman; Noah Goldstein; fees: 1415 · hours: 3.2 · quote: Other staff and administration | | 3.20 | 1,415.00 · row kind: bucket · rate kind: standard · name as stated: Other staff and administration · money: tax: label: HST · quote: HST | 1,894.99 · amount: 1894.99 · fees: quote: Total Fees | | 20.45 | 14,575.00 · amount: 14575 · total: quote: Total fees and disbursements per attached time summary | $ 14,576.84 · amount: 14576.84 · includes tax: false · includes disbursements: true · approximate: false · disbursements: quote: Disbursements (postage) | | | 1.84 · amount: 1.84 · period: end: 2023-02-28 · kind: invoice · label: For the month ending February 2023 · quote: For the month ending February 2023 · start: 2023-02-01 · approval: state: unstated · averages: · currency: · invoices: · firm text: KSV Restructuring Inc. · firm quote: KSV Restructuring Inc., in its capacity as Monitor · hours total: quote: Total Fees and Disbursements | | 20.45 | 14,576.84 · value: 20.45 · context quote: in its capacity as Monitor (the 'Monitor'); form: level_summary · rows: Robert Kofman; Noah Goldstein; fees: 6726.5 · hours: 20.9 · quote: Other staff and administrative | Various | 20.90 | 125-450 | 6,726.50 · title: Various · rate max: 450 · rate min: 125 · row kind: bucket · rate kind: range · name as stated: Other staff and administrative · money: fees: quote: Total fees | | | | 80,272.75 · amount: 80272.75 · approximate: false · period: end: 2023-02-28 · kind: cumulative · label: For the Period from November 1, 2022 to February 28, 2023 · quote: For the Period from November 1, 2022 to February 28, 2023 · start: 2022-11-01 · approval: state: unstated · averages: rate: 656.9 · quote: Average hourly rate | | | | 656.90 $ · currency: · invoices: · firm text: KSV Restructuring Inc. · firm quote: KSV Restructuring Inc. Urbancorp Group · hours total: quote: Total hours | | | | 122.20 · value: 122.2 · context quote: Cumberland CCAA Entities Schedule of Professionals' Time and Rates; form: time_summary · rows: Robin B. Schwill; Ioana Hancas; Mehak Suri · money: fees: quote: Total | | 41.40 | 42,947.50 · amount: 42947.5 · approximate: false · period: end: 2022-11-30 · kind: invoice · quote: For professional services rendered through November 30, 2022 in connection with (JrbanCorp (Matter#: 256201) · approval: state: unstated · averages: · currency: code: CAD · quote: Total Due Canadian Dollars (CAD) · invoices: · firm text: Davies Ward Phillips & Vineberg LLP · firm quote: Davies Ward Phillips & Vineberg LLP · hours total: quote: Total | | 41.40 | 42,947.50 · value: 41.4 · context quote: For professional services rendered through November 30, 2022 in connection with (JrbanCorp (Matter#: 256201); form: time_summary · rows: Robin B. Schwill; Ioana Hancas; Tanya Barbiero; Tracey O'Rahilly; Martina Williams · money: tax: label: HST ON (13%) · quote: HST ON (13%) 3,781.42 · amount: 3781.42 · fees: quote: Total | | 37.70 | 28,950.00 · amount: 28950 · total: quote: Total Due Canadian Dollars (CAD) $ 32,869.24 · amount: 32869.24 · includes tax: true · includes disbursements: true · approximate: false · period: end: 2022-12-31 · kind: invoice · quote: For professional services rendered through December 31, 2022 in connection with UrbanCorp (Matter #: 256201) · approval: state: unstated · averages: · currency: code: CAD · quote: Total Due Canadian Dollars (CAD) · invoices: · firm text: Davies Ward Phillips & Vineberg LLP · firm quote: Davies Ward Phillips & Vineberg LLP · hours total: quote: Total | | 37.70 | 28,950.00 · value: 37.7 · context quote: For professional services rendered through December 31, 2022 in connection with UrbanCorp (Matter #: 256201); form: time_summary · rows: Matthew Milne-Smith; Robin B. Schwill; Ioana Hancas; Martina Williams · money: tax: label: HST ON (13%) · quote: HST ON (13%) | | 3,929.90 · amount: 3929.9 · fees: quote: Our Fee | | 30,230.00 · amount: 30230 · total: quote: Total Due | Canadian Dollars (CAD) | $34,159.90 · amount: 34159.9 · includes tax: true · approximate: false · period: end: 2023-01-31 · kind: invoice · quote: For professional services rendered through January 31, 2023 in connection with UrbanCorp {Matter #: 256201) · approval: state: unstated · averages: · currency: code: CAD · quote: Total Due | Canadian Dollars (CAD) | $34,159.90 · invoices: · firm text: Davies Ward Phillips & Vineberg LLP · firm quote: Davies Ward Phillips & Vineberg LLP · hours total: quote: Total | Total | 23.30 | $ 30,230.00 · value: 23.3 · context quote: For professional services rendered through January 31, 2023 in connection with UrbanCorp {Matter #: 256201); form: invoice_listing · rows: · money: fees: quote: TOTALS | $136,902.50 · amount: 136902.5 · approximate: false · period: end: 2023-02-28 · kind: cumulative · label: Docket Entry Periods · quote: November 1, 2022 to November 30, 2022 · start: 2022-11-01 · approval: state: unstated · averages: · currency: · invoices: tax: 5593.98 · date: 2022-12-07 · fees: 42947.5 · quote: December 7, 2022 | November 1, 2022 to November 30, 2022 | $42,947.50 | 83.00 | 5,593.98 | $48,624.48 · total: 48624.48 · period end: 2022-11-30 · period start: 2022-11-01 · disbursements: 83; tax: 3781.42 · date: 2023-01-18 · fees: 28950 · quote: January 18, 2023 | December 1, 2022 to December 31, 2022 | $28,950.00 | 137.82 | 3,781.42 | $32,869.24 · total: 32869.24 · period end: 2022-12-31 · period start: 2022-12-01 · disbursements: 137.82; tax: 3929.9 · date: 2023-02-15 · fees: 30230 · quote: February 15, 2023 | January 3, 2023 to January 31, 2023 | $30,230.00 | $0.00 | $3,929.90 | $34,159.90 · total: 34159.9 · period end: 2023-01-31 · period start: 2023-01-03 · disbursements: 0; tax: 4521.71 · date: 2023-03-15 · fees: 34775 · quote: March 15, 2023 | February 1, 2023 to February 28, 2023 | $34,775.00 | 7.35 | 4,521.71 | 39,304.06 · total: 39304.06 · period end: 2023-02-28 · period start: 2023-02-01 · disbursements: 7.35 · firm text: Davies Ward Phillips & Vineberg LLP · firm quote: Davies Ward Phillips & Vineberg LLP · context quote: This is Exhibit "A" referred to in the Affidavit of Robin B. Schwill sworn before me this 16 th day of March, 2023.; form: rate_chart · rows: Robin B. Schwill; Robin B. Schwill; Matt Milne-Smith; Ioana Hancas; Ioana Hancas; Mehak Suri; Mehak Suri; Martina Williams; Tanya Barbiero; Tracey O'Rahilly; Martina Williams; Martina Williams · money: fees: quote: Total Fees from Exhibit "A" | $136,902.50 · amount: 136902.5 · approximate: false · period: kind: cumulative · label: Aggregate Blended Rate Summary · quote: Exhibit "B" Aggregate Blended Rate Summary · approval: state: unstated · averages: rate: 943 · quote: Average Blended Hourly Rate (rounded to nearest dollar) | $943.00 · scope: rounded to nearest dollar · currency: · invoices: · firm text: Davies Ward Phillips & Vineberg LLP · firm quote: Davies Ward Phillips & Vineberg LLP · hours total: quote: Total Hours for 2022 and 2023 | 145.20 · value: 145.2 · context quote: This is Exhibit "C" referred to in the Affidavit of Robin B. Schwill sworn before me this 16 th day of March 2023.
- recovery outcomeentries: basis: unstated · quote: At the date of the Claims Procedure, there were no assets available for distribution by UTMI and it was not foreseeable at that time that there would be. · pct of: unstated · outcome: nil · class key: unsecured · stated by: monitor · class label: UTMI's unsecured creditors · interim final: unstated · conditional on: if the Monitor is successful against Mattamy, there will be funds available for UTMI's unsecured creditors after repayment of the Intercompany Advances · claims qualifier: unstated · stated on: 2023-03-16 · table missing: