Saskatchewan · Receivership (court-appointed)
Receiver's Sixth Report, dated March 28, 2013
Court officer report · 28 March 2013
What we verified from this filing2 verified
- fee scheduleengagements: form: invoice_listing · rows: · money: tax: label: GST · quote: 14,654.17 · amount: 14654.17 · fees: quote: 288,718.25 · amount: 288718.25 · total: quote: 307,812.27 · amount: 307812.27 · includes tax: true · includes disbursements: true · approximate: false · period: end: 2013-03-27 · kind: cumulative · label: SRD · quote: for the period October 1, 2007 to March 27, 2013 · start: 2007-10-01 · approval: state: unstated · averages: · currency: · invoices: tax: 3390.07 · date: 2008-01-09 · fees: 65595.5 · quote: RSM Richter Inc. | January 9, 2008 | 65,595.50 | 2,280.41 | 67,875.91 | 3,390.07 | 71,265.98 · total: 71265.98 · disbursements: 2280.41; tax: 1985.2 · date: 2008-01-09 · fees: 39601 · quote: RSM Richter Inc. | January 9, 2008 | 39,601.00 | 103.18 | 39,704.18 | 1,985.20 | 41,689.38 · total: 41689.38 · disbursements: 103.18; tax: 3214.23 · date: 2008-09-29 · fees: 64099.5 · quote: RSM Richter Inc. | September 29, 2008 | 64,099.50 | 185.07 | 64,284.57 | 3,214.23 | 67,498.80 · total: 67498.8 · disbursements: 185.07; tax: 1754.45 · date: 2009-03-02 · fees: 33597.5 · quote: RSM Richter Inc. | March 2, 2009 | 33,597.50 | 1,491.64 | 35,089.14 | 1,754.45 | 36,843.59 · total: 36843.59 · disbursements: 1491.64; tax: 879.8 · date: 2009-09-08 · fees: 17580.5 · quote: RSM Richter Inc. | September 8, 2009 | 17,580.50 | 15.57 | 17,596.07 | 879.80 | 18,475.87 · total: 18475.87 · disbursements: 15.57; tax: 1220.52 · date: 2010-04-29 · fees: 24217.5 · quote: RSM Richter Inc. | April 29, 2010 | 24,217.50 | 192.82 | 24,410.32 | 1,220.52 | 25,630.84 · total: 25630.84 · disbursements: 192.82; tax: 105.46 · date: 2010-07-26 · fees: 2108 · quote: RSM Richter Inc. | July 26, 2010 | 2,108.00 | 1.14 | 2,109.14 | 105.46 | 2,214.60 · total: 2214.6 · disbursements: 1.14; tax: 504.6 · date: 2011-02-09 · fees: 10080 · quote: RSM Richter Inc. | February 9, 2011 | 10,080.00 | 11.92 | 10,091.92 | 504.60 | 10,596.52 · total: 10596.52 · disbursements: 11.92; tax: 887 · date: 2011-06-16 · fees: 17691.25 · quote: RSM Richter Inc. | June 16, 2011 | 17,691.25 | 48.81 | 17,740.06 | 887.00 | 18,627.06 · total: 18627.06 · disbursements: 48.81; tax: 562.46 · date: 2012-04-09 · fees: 11140 · quote: Ernst & Young Inc. | April 9, 2012 | 11,140.00 | 109.29 | 11,249.29 | 562.46 | 11,811.75 · total: 11811.75 · disbursements: 109.29; tax: 150.38 · date: 2012-06-19 · fees: 3007.5 · quote: Ernst & Young Inc. | June 19, 2012 | 3,007.50 | 0.00 | 3,007.50 | 150.38 | 3,157.88 · total: 3157.88 · disbursements: 0 · firm text: Ernst & Young Inc. · firm quote: ERNST & YOUNG INC. · context quote: IN ITS CAPACITY AS RECEIVER AND MANAGER OF CIC PULP LTD. OPERATING AS MEADOW LAKE PULP LIMITED PARTNERSHIP AND MEADOW LAKE PULP LTD.; form: invoice_listing · rows: · money: tax: label: TAX · quote: 5,671.14 · amount: 5671.14 · fees: quote: 53,794.00 · amount: 53794 · total: quote: 61,401.49 · amount: 61401.49 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: 1,936.35 · amount: 1936.35 · period: end: 2013-03-27 · kind: cumulative · label: SRD · quote: for the period October 1, 2007 to March 27, 2013 · start: 2007-10-01 · approval: state: unstated · averages: · currency: · invoices: tax: 868.62 · date: 2007-09-25 · fees: 7860 · quote: McDougall Gauley LLP | September 25, 2007 | 7,860.00 | 66.92 | 7,926.92 | 868.62 | 8,795.54 · total: 8795.54 · disbursements: 66.92; tax: 1306.99 · date: 2007-10-30 · fees: 11545 · quote: McDougall Gauley LLP | October 30, 2007 | 11,545.00 | 617.31 | 12,162.31 | 1,306.99 | 13,469.30 · total: 13469.3 · disbursements: 617.31; tax: 81.5 · date: 2008-01-28 · fees: 795 · quote: McDougall Gauley LLP | January 28, 2008 | 795.00 | 39.95 | 834.95 | 81.50 | 916.45 · total: 916.45 · disbursements: 39.95; tax: 96.61 · date: 2008-06-30 · fees: 928 · quote: McDougall Gauley LLP | June 30, 2008 | 928.00 | 76.14 | 1,004.14 | 96.61 | 1,100.75 · total: 1100.75 · disbursements: 76.14; tax: 346.86 · date: 2008-12-18 · fees: 3437 · quote: McDougall Gauley LLP | December 18, 2008 | 3,437.00 | 63.17 | 3,500.17 | 346.86 | 3,847.03 · total: 3847.03 · disbursements: 63.17; tax: 134.77 · date: 2009-02-24 · fees: 1326 · quote: McDougall Gauley LLP | February 24, 2009 | 1,326.00 | 43.47 | 1,369.47 | 134.77 | 1,504.24 · total: 1504.24 · disbursements: 43.47; tax: 64.96 · date: 2009-04-23 · fees: 646 · quote: McDougall Gauley LLP | April 23, 2009 | 646.00 | 7.24 | 653.24 | 64.96 | 718.20 · total: 718.2 · disbursements: 7.24; tax: 217.32 · date: 2009-06-29 · fees: 2162 · quote: McDougall Gauley LLP | June 29, 2009 | 2,162.00 | 22.39 | 2,184.39 | 217.32 | 2,401.71 · total: 2401.71 · disbursements: 22.39; tax: 315.34 · date: 2009-08-28 · fees: 3054.5 · quote: McDougall Gauley LLP | August 28,2009 | 3,054.50 | 227.68 | 3,282.18 | 315.34 | 3,597.52 · total: 3597.52 · disbursements: 227.68; tax: 653.04 · date: 2011-03-30 · fees: 6288 · quote: McDougall Gauley LLP | March 30, 2011 | 6,288.00 | 514.77 | 6,802.77 | 653.04 | 7,455.81 · total: 7455.81 · disbursements: 514.77; tax: 246.05 · date: 2011-05-30 · fees: 2418 · quote: McDougall Gauley LLP | May 30, 2011 | 2,418.00 | 114.90 | 2,532.90 | 246.05 | 2,778.95 · total: 2778.95 · disbursements: 114.9; tax: 221.86 · date: 2011-12-16 · fees: 2200 · quote: McDougall Gauley LLP | December 16, 2011 | 2,200.00 | 67.23 | 2,267.23 | 221.86 | 2,489.09 · total: 2489.09 · disbursements: 67.23; tax: 134.8 · date: 2012-07-31 · fees: 1338 · quote: McDougall Gauley LLP | July 31, 2012 | 1,338.00 | 20.08 | 1,358.08 | 134.80 | 1,492.88 · total: 1492.88 · disbursements: 20.08; tax: 752.69 · date: 2013-01-16 · fees: 7514 · quote: McDougall Gauley LLP | January 16, 2013 | 7,514.00 | 25.80 | 7,539.80 | 752.69 | 8,292.49 · total: 8292.49 · disbursements: 25.8; tax: 229.73 · date: 2013-02-27 · fees: 2282.5 · quote: McDougall Gauley LLP | February 27, 2013 | 2,282.50 | 29.30 | 2,311.80 | 229.73 | 2,541.53 · total: 2541.53 · disbursements: 29.3 · firm text: McDougall Gauley LLP · firm quote: McDougall Gauley LLP · context quote: Summary of Receiver's Legal Counsel Invoices As at March 28, 2013
- recovery outcomeentries: basis: actual · quote: HSBC and the Regional Municipality of Meadow Lake were previously paid in full subsequent to closing the sale of the Mill to MLMP in January 2007. · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: receiver · class label: HSBC · creditor name: HSBC · interim final: unstated · claims qualifier: unstated; basis: actual · quote: HSBC and the Regional Municipality of Meadow Lake were previously paid in full subsequent to closing the sale of the Mill to MLMP in January 2007. · pct of: unstated · outcome: paid_in_full · stated by: receiver · class label: the Regional Municipality of Meadow Lake · creditor name: the Regional Municipality of Meadow Lake · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: 101 is owed in excess $100 million as at September 30, 2012, comprising principal and accrued interest. The Receiver holds $7,680,069 in its trust account. Consequently, the balance of priorities among the registered secured creditors is not relevant to the distribution of the proceeds given the significant shortfall to be experienced by 101 and no further steps in respect of the claims process described at paragraph 16 above is warranted. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: 101069101 Saskatchewan Inc. (101) · creditor name: 101069101 Saskatchewan Inc. · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: As such, no amount will be available to the three employees even if it were determined that MLPLP was indebted to them on account of severance or damages for being wrongfully dismissed. · pct of: unstated · outcome: nil · class key: unsecured · stated by: receiver · class label: three former employees · interim final: unstated · claims qualifier: unstated · stated on: 2013-03-28 · table missing: