Ontario · Receivership (court-appointed)
Motion Record returnable, April 11, 2025
Application / notice of application · 11 April 2025
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What we verified from this filing2 verified
- fee scheduleengagements: form: time_summary · rows: David Saldanha; Jeff Kerbel; Edmund Yau; Tess Carandang; Cam Bear; Donna Hatfull; Rob Ferguson; fees: 58287.5 · hours: 97.8 · quote: 97.8 | | $58,287.50 · row kind: subtotal · rate kind: standard · name as stated: TOTALS · money: tax: label: HST · quote: $3,904.88 in HST for a total amount of $33,942.38 · amount: 3904.88 · fees: quote: For the period from October 28, 2023 to January 24, 2025, the Receiver's accounts amount to $30,037.50 in fees · amount: 30037.5 · total: quote: for a total amount of $33,942.38 · amount: 33942.38 · includes tax: true · approximate: false · period: end: 2025-01-24 · kind: invoice · quote: For the period from October 28, 2023 to January 24, 2025, the Receiver's accounts amount to $30,037.50 in fees, and $3,904.88 in HST for a total amount of $33,942.38. · start: 2023-10-28 · approval: state: unstated · averages: · currency: · invoices: · firm text: Ernst & Young Inc. · firm quote: Ernst & Young Inc. (' EY ') in its capacity as receiver and manager (the ' Receiver ') · hours total: quote: 97.8 | | $58,287.50 · value: 97.8 · context quote: in its capacity as receiver and manager (the ' Receiver '), without security, of all of the assets, undertakings and properties of 2735447 Ontario Inc. · discount note: text: Discount · quote: Discount | $ (65,000.00); form: time_summary · rows: Brendan Bissell; Caitlin Fell; Sharon Kour; Jared Rosenbaum; Jessica Wuthmann; Alina Stoica; fees: 73834.5 · hours: 121.1 · quote: TOTALS | TOTALS | TOTALS | 121.1 | $73,834.50 | $1,333.50 | $72,501.00 · row kind: subtotal · rate kind: standard · name as stated: TOTALS · money: tax: label: HST · quote: $8,496.79 in HST for a total amount of $73,856.62 · amount: 8496.79 · fees: quote: Reconstruct's accounts, as counsel to the Receiver, amount to $65,091 in fees · amount: 65091 · total: quote: for a total amount of $73,856.62 · amount: 73856.62 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: $268.83 of net out of pocket disbursements · amount: 268.83 · period: end: 2025-03-28 · kind: cumulative · quote: For the period from October 1, 2023, to March 28, 2025 Reconstruct's accounts, as counsel to the Receiver, amount to $65,091 in fees, $268.83 of net out of pocket disbursements and $8,496.79 in HST for a total amount of $73,856.62. · start: 2023-10-01 · approval: state: unstated · averages: rate: 595 · quote: RECON incurred a total of 121.1 hours at an average hourly rate of $595 (exclusive of applicable taxes). · currency: · invoices: tax: 1511.06 · date: 2023-11-14 · fees: 11623.5 · quote: 495816 | 11/14/2023 10/01/2023-10/25/2023 | 23 $ | 11,623.50 · total: 13134.56 · period end: 2023-10-25 · period start: 2023-10-01; tax: 2271.1 · date: 2023-12-08 · fees: 17470 · quote: 495856 | 12/8/2023 11/02/2023-11/30/2023 | 41 | $ | 17,470.00 · total: 19741.1 · period end: 2023-11-30 · period start: 2023-11-02; tax: 1445.8 · date: 2024-01-11 · fees: 10782.5 · quote: 495912 | 1/11/2024 12/01/2023-12/31/2023 | 19.1 $ | 10,782.50 | 339.00 · total: 12567.3 · period end: 2023-12-31 · period start: 2023-12-01 · disbursements: 339; tax: 1053 · date: 2024-02-14 · fees: 8100 · quote: 495957 | 2/14/2024 01/02/2024-01/11/2024 | 10.8 | $ | 8,100.00 · total: 9153 · period end: 2024-01-11 · period start: 2024-01-02; tax: 334.75 · date: 2024-03-20 · fees: 2575 · quote: 496108 | 3/20/2024 02/07/2024-02/29/2024 | 4.3 | $ | 2,575.00 · total: 2909.75 · period end: 2024-02-29 · period start: 2024-02-07; tax: 203.87 · date: 2024-04-16 · fees: 1555 · quote: 496199 | 4/16/2024 03/05/2024-03/27/2024 | 2.5 | $ | 1,555.00 | 13.21 · total: 1772.08 · period end: 2024-03-27 · period start: 2024-03-05 · disbursements: 13.21; tax: 7.15 · date: 2024-05-15 · fees: 55 · quote: 496265 | 5/15/2024 04/10/2024-04/10/2024 | 0.1 | $ | 55.00 · total: 62.15 · period end: 2024-04-10 · period start: 2024-04-10; tax: 47.45 · date: 2024-06-12 · fees: 365 · quote: 496341 | 6/12/2024 5/12/2024-5/17/2024 | 0.5 | $ | 365.00 · total: 412.45 · period end: 2024-05-17 · period start: 2024-05-12; tax: 254.15 · date: 2024-08-07 · fees: 1955 · quote: 496563 | 8/7/2024 06/03/2024-07/23/2024 | 2.7 | $ | 1,955.00 · total: 2209.15 · period end: 2024-07-23 · period start: 2024-06-03; tax: 48.75 · date: 2024-09-11 · fees: 375 · quote: 496715 | 9/11/2024 08/01/2024-08/08/2024 | 0.5 | $ | 375.00 · total: 423.75 · period end: 2024-08-08 · period start: 2024-08-01; tax: 87.75 · date: 2024-10-15 · fees: 675 · quote: 496885 | 10/15/2024 09/09/2024-09/27/2024 | 0.9 | $ | 675.00 · total: 762.75 · period end: 2024-09-27 · period start: 2024-09-09; tax: 58.5 · date: 2024-11-11 · fees: 450 · quote: 497070 | 11/11/2024 10/18/2024-10/30/2024 | 0.6 | $ | 450.00 · total: 508.5 · period end: 2024-10-30 · period start: 2024-10-18; tax: 136.5 · date: 2024-12-06 · fees: 1050 · quote: 497212 | 12/6/2024 11/06/2024-11/29/2024 | 1.4 | $ | 1,050.00 · total: 1186.5 · period end: 2024-11-29 · period start: 2024-11-06; tax: 240.5 · date: 2025-01-09 · fees: 1850 · quote: 497450 | 1/9/2025 12/05/2024-12/30/2024 | 3.2 | $ | 1,850.00 · total: 2090.5 · period end: 2024-12-30 · period start: 2024-12-05; tax: 126.75 · date: 2025-02-10 · fees: 975 · quote: 497613 | 2/10/2025 01/07/2025-01/14/2025 | 1.3 | $ | 975.00 · total: 1101.75 · period end: 2025-01-14 · period start: 2025-01-07; tax: 331.5 · date: 2025-03-11 · fees: 2550 · quote: 497775 | 3/11/2025 02/04/2025-02/26/2025 | 3.4 | $ | 2,550.00 · total: 2881.5 · period end: 2025-02-26 · period start: 2025-02-04; tax: 338.21 · date: 2025-03-28 · fees: 2601.62 · quote: 497908 | 3/28/2025 03/03/2025-03/26/2025 | 5.8 | $ | 2,601.62 · total: 2939.83 · period end: 2025-03-26 · period start: 2025-03-03 · firm text: Reconstruct LLP · firm quote: Lawyers for the Receiver, Ernst & Young Inc. · hours total: quote: RECON incurred a total of 121.1 hours at an average hourly rate of $595 (exclusive of applicable taxes). · value: 121.1 · context quote: For the period from October 1, 2023, to March 28, 2025 Reconstruct's accounts, as counsel to the Receiver, amount to $65,091 in fees, $268.83 of net out of pocket disbursements and $8,496.79 in HST for a total amount of $73,856.62. · discount note: text: Discount to Fees · quote: Discount to Fees
- recovery outcomeentries: basis: actual · quote: Accordingly, no amounts are held in reserve on account of the CRA claim since there are insufficient funds available for unsecured creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: receiver · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated · stated on: 2025-03-28 · table missing: