Ontario · Receivership (court-appointed)
Sixth Report dated January 17, 2018.pdf
Court officer report · 17 January 2018
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 filing7 verified
- disbursementsnote: Per Receiver's Interim Statement of Receipts and Disbursements as at January 9, 2018. · amount: 5433177.11 · currency: CAD
- operational summaryThe receivership has completed the sale of all Property assets and is now administering a claims procedure and interim distribution to unsecured creditors, with no ongoing development operations remaining.
- professional feesnote: Includes HST of $5,741.17 on base fees of $44,162.88; Chaitons LLP (Receiver's counsel) fees for the period July 1, 2016 to August 31, 2017 were $26,663.50, plus disbursements of $1,109.78, plus HST of $3,580.30, for a total of $31,353.58. · party: Receiver (Grant Thornton Limited) · amount: 49904.06 · period: August 1, 2016 to August 31, 2017 · currency: CAD
- receipts cumulativenote: Per Receiver's Interim Statement of Receipts and Disbursements as at January 9, 2018. · amount: 22259231.63 · currency: CAD
- recovery outcomeentries: basis: unstated · quote: Based on the Receiver's review of the Debtors' available books and records and the supporting documents filed by creditors pursuant to the Claims Procedure Order, the proposed interim distribution provides that all creditors with accepted claims against the Debtors will receive 100% of the value of their accepted claims. · pct of: unstated · outcome: paid_in_full · pct low: 100 · pct high: 100 · class key: unsecured · stated by: receiver · class label: Debtors' unsecured creditors with accepted claims · interim final: interim · claims qualifier: unstated; basis: actual · quote: As a result, and following discussions with HSCC 634, the Receiver has distributed $109,668.50 to HSCC 634 with respect to the special fee assessment and its condominium liens. · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · amount low: 109668.5 · amount high: 109668.5 · class label: HSCC 634 · creditor name: HSCC 634 · interim final: unstated · claims qualifier: unstated · stated on: 2017-09-06 · table missing:
- report date6 September 2017
- report noFifth Report