Alberta · CCAA
Third Report of the Receiver dated August 13, 2024
Court officer report · 13 August 2024
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing2 verified
- fee scheduleengagements: form: invoice_listing · rows: · money: tax: label: GST · quote: 5,835.71 · amount: 5835.71 · fees: quote: 115,569.00 · amount: 115569 · total: quote: 122,549.89 · amount: 122549.89 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: 1,145.18 · amount: 1145.18 · period: end: 2024-07-31 · kind: invoice · quote: FOR THE PERIOD OF APRIL 1, 2024 TO JULY 31, 2024 · start: 2024-04-01 · approval: state: unstated · averages: · currency: · invoices: tax: 276.6 · fees: 5532 · quote: April 1, 2024 to April 30, 2024 | 3645 | 5,532.00 $ | - $ | 5,532.00 $ | 276.60 $ | 5,808.60 $ · total: 5808.6 · period end: 2024-04-30 · period start: 2024-04-01 · disbursements: 0; tax: 150.65 · fees: 3013 · quote: May 1, 2024 to May 31, 2024 | 3711 | 3,013.00 | - | 3,013.00 | 150.65 | 3,163.65 · total: 3163.65 · period end: 2024-05-31 · period start: 2024-05-01 · disbursements: 0; tax: 108.59 · fees: 2171.75 · quote: June 1, 2024 to June 30, 2024 | 3739 | 2,171.75 | - | 2,171.75 | 108.59 | 2,280.34 · total: 2280.34 · period end: 2024-06-30 · period start: 2024-06-01 · disbursements: 0; tax: 108.2 · fees: 2164 · quote: July 1, 2024 to July 31, 2024 | 3813 | 2,164.00 | - | 2,164.00 | 108.20 | 2,272.20 · total: 2272.2 · period end: 2024-07-31 · period start: 2024-07-01 · disbursements: 0; tax: 800.26 · fees: 15906.5 · quote: April 1, 2024 to April 30, 2024 | 3646 | 15,906.50 | 98.76 | 16,005.26 | 800.26 | 16,805.52 · total: 16805.52 · period end: 2024-04-30 · period start: 2024-04-01 · disbursements: 98.76; tax: 773.27 · fees: 15461.75 · quote: May 1, 2024 to May 31, 2024 | 3712 | 15,461.75 | 3.68 | 15,465.43 | 773.27 | 16,238.70 · total: 16238.7 · period end: 2024-05-31 · period start: 2024-05-01 · disbursements: 3.68; tax: 770.12 · fees: 15299.5 · quote: June 1, 2024 to June 30, 2024 | 3740 | 15,299.50 | 102.86 | 15,402.36 | 770.12 | 16,172.48 · total: 16172.48 · period end: 2024-06-30 · period start: 2024-06-01 · disbursements: 102.86; tax: 353.57 · fees: 6775.5 · quote: July 1, 2024 to July 31, 2024 | 3814 | 6,775.50 | 295.96 | 7,071.46 | 353.57 | 7,425.03 · total: 7425.03 · period end: 2024-07-31 · period start: 2024-07-01 · disbursements: 295.96; tax: 1473.67 · fees: 29472.5 · quote: April 1, 2024 to April 30, 2024 | 3647 | 29,472.50 | 0.92 | 29,473.42 | 1,473.67 | 30,947.09 · total: 30947.09 · period end: 2024-04-30 · period start: 2024-04-01 · disbursements: 0.92; tax: 567.04 · fees: 11286.75 · quote: May 1, 2024 to May 31, 2024 | 3713 | 11,286.75 | 54.02 | 11,340.77 | 567.04 | 11,907.81 · total: 11907.81 · period end: 2024-05-31 · period start: 2024-05-01 · disbursements: 54.02; tax: 239.14 · fees: 4781.75 · quote: June 1, 2024 to June 30, 2024 | 3741 | 4,781.75 | 0.98 | 4,782.73 | 239.14 | 5,021.87 · total: 5021.87 · period end: 2024-06-30 · period start: 2024-06-01 · disbursements: 0.98; tax: 214.6 · fees: 3704 · quote: July 1, 2024 to July 31, 2024 | 3815 | 3,704.00 | 588.00 | 4,292.00 | 214.60 | 4,506.60 · total: 4506.6 · period end: 2024-07-31 · period start: 2024-07-01 · disbursements: 588 · firm text: KSV Restructuring Inc. · firm quote: KSV Restructuring Inc. · context quote: the date on which KSV, in its capacity as the monitor (the ' Monitor ') in the CCAA Proceedings; form: invoice_listing · rows: · money: tax: label: GST · quote: 4,387.93 · amount: 4387.93 · fees: quote: 86,892.50 · amount: 86892.5 · total: quote: 92,592.26 · amount: 92592.26 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: 1,311.83 · amount: 1311.83 · period: end: 2024-07-31 · kind: invoice · quote: FOR THE PERIOD OF APRIL 1, 2024 TO JULY 31, 2024 · start: 2024-04-01 · approval: state: unstated · averages: · currency: · invoices: tax: 76.03 · fees: 1520.5 · quote: April 1, 2024 to April 30, 2024 | 2236702 | 1,520.50 | - | 1,520.50 | 76.03 | 1,596.53 · total: 1596.53 · period end: 2024-04-30 · period start: 2024-04-01 · disbursements: 0; tax: 1040.4 · fees: 20772 · quote: May 1, 2024 to June 30, 2024 | 2243531 | 20,772.00 | 159.00 | 20,931.00 | 1,040.40 | 21,971.40 · total: 21971.4 · period end: 2024-06-30 · period start: 2024-05-01 · disbursements: 159; tax: 254.41 · fees: 4953 · quote: July 1, 2024 to July 31, 2024 | 2247035 | 4,953.00 | 155.12 | 5,108.12 | 254.41 | 5,362.53 · total: 5362.53 · period end: 2024-07-31 · period start: 2024-07-01 · disbursements: 155.12; tax: 2167.77 · fees: 42990 · quote: April 1, 2024 to April 30, 2024 | 2236704 | 42,990.00 | 564.91 | 43,554.91 | 2,167.77 | 45,722.68 · total: 45722.68 · period end: 2024-04-30 · period start: 2024-04-01 · disbursements: 564.91; tax: 835.05 · fees: 16523 · quote: May 1, 2024 to May 31, 2024 | 2240167 | 16,523.00 | 184.08 | 16,707.08 | 835.05 | 17,542.13 · total: 17542.13 · period end: 2024-05-31 · period start: 2024-05-01 · disbursements: 184.08; tax: 14.27 · fees: 134 · quote: June 1, 2024 to July 31, 2024 | 2247036 | 134.00 | 248.72 | 382.72 | 14.27 | 396.99 · total: 396.99 · period end: 2024-07-31 · period start: 2024-06-01 · disbursements: 248.72 · firm text: Cassels Brock & Blackwell LLP · firm quote: Cassels Brock & Blackwell LLP · context quote: RECEIVER'S COUNSEL
- recovery outcomeentries: basis: unstated · quote: Based on the above, the Receiver recommends that this Court issue an order authorizing and directing the Receiver to distribute $4,050,597.14 (plus interest and costs from October 23, 2023) from SIU to 772 to repay in full the 772 Mortgage Balance (the ' Recommended Distribution '). · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: receiver · amount low: 4050597.14 · amount high: 4050597.14 · class label: 772 Mortgage Balance · creditor name: 772921 Alberta Inc. · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: | Shortfall on Tobacco Charge | (21,100) | (10,400) | · pct of: unstated · outcome: shortfall · class key: secured · stated by: monitor · class label: Tobacco Tax Charge · interim final: unstated · claims qualifier: unstated · shortfall amount: 21100 · stated on: 2024-08-13 · table missing: