Ontario · Receivership (court-appointed)
Motion Record Returnable 18 July 2022 dated
Application / notice of application · 8 July 2022
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What we verified from this filing2 verified
- fee scheduleengagements: form: invoice_listing · rows: · money: approximate: false · period: end: 2022-06-30 · kind: invoice · label: Fee Period · quote: The Dentons fees and disbursements for the period of October 1, 2021 to June 30, 2022 (the ' Fee Period ') · start: 2021-10-01 · approval: state: unstated · averages: rate: 435.4 · quote: Average Hourly Rate | col4: $435.40 · currency: · invoices: · firm text: Dentons Canada LLP · firm quote: DENTONS CANADA LLP · context quote: Lawyers for MNP Ltd., in its capacity as Court-appointed Receiver of Turuss (Canada) Industry Co., Ltd.
- recovery outcomeentries: basis: actual · quote: Pursuant to the Order of Justice Dunphy dated June 7, 2021, the Court authorized a distribution by the Receiver to Pillar Capital Corp. (' Pillar ') in an amount sufficient to repay Pillar in respect of principal in connection to its demand credit facility, and the principal amount owing by the Receiver to Pillar pursuant to the Receiver's borrowings. · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · class label: Pillar Capital Corp. (secured creditor - principal) · creditor name: Pillar Capital Corp. · interim final: unstated · claims qualifier: unstated; basis: actual · quote: Pursuant to the same Order, the Court authorized a distribution by the Receiver to KuoTong Hsieh (' Hsieh ') in an amount sufficient to repay to Hsieh the principal amount owing by Turuss to Hsieh only. · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · class label: Kuo-Tong Hsieh (secured creditor - principal) · creditor name: Kuo-Tong Hsieh · interim final: unstated · claims qualifier: unstated; basis: actual · quote: The Court authorized and approved a final distribution to Pillar and Hsieh for remaining amounts pursuant to the Order of Justice Koehnen dated August 3, 2021. · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · class label: Pillar and Hsieh (final distribution - remaining amounts) · interim final: final · claims qualifier: unstated; basis: actual · quote: The Order of Justice Penny dated October 29, 2021 authorized, and the Receiver completed, the distribution to Creditors of Turuss with Proven Claims. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: receiver · amount low: 638830.84 · amount high: 638830.84 · class label: Proven Creditors of Turuss · claims amount: 638830.84 · interim final: unstated · claims qualifier: proven · stated on: 2022-07-08 · table missing: