Ontario · Receivership (court-appointed)
First Report of Trustee with Appendices
Court officer report · 30 July 2025
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What we verified from this filing12 verified
- applicantROYAL BANK OF CANADA
- courtONTARIO SUPERIOR COURT OF JUSTICE
- court file noCV-25-00000211-0000
- provinceONTARIO
- appointeeMNP Ltd.
- appointee rolereceiver and manager
- commencement date3 June 2025
- fee scheduleengagements: form: time_summary · rows: Andre Ducasse; Matthew Cameron; Stephane Maclean; Ashley Cronk; fees: 4800 · rate: 355.56 · hours: 13.5 · quote: Total | | 13.50 | $4,800.00 | $355.56 · row kind: subtotal · rate kind: average · name as stated: Total · money: fees: quote: $4,800.00 · amount: 4800 · approximate: false · period: end: 2025-07-15 · kind: invoice · quote: for the period of June 3, 2025 ending July 15, 2025 · start: 2025-06-03 · approval: quote: I make this Affidavit in support of a motion by the Receiver for, inter olia, approval of the fees and disbursements of Receiver's counsel. · state: sought · averages: rate: 434.17 · quote: The average hourly rate is $434.17. · currency: · invoices: · firm text: Soloway Wright LLP · firm quote: for Soloway Wrfgfit LLP, Barristers and Sollcttofs · hours total: quote: 13.50 · value: 13.5 · context quote: Attached hereto as Exhibit "A" is a true copy of the invoice issued by SW for fees and disbursements incurred during the course of the within proceeding for the period of June 3, 2025 ending July 15, 2025. · comparability quote: The above rates charged by SW throughout the course of these proceedings are standard and comparable to the rates charged by SW for the provision of similar services.
- process resultsnote: Receiver requested liquidation proposals from twelve liquidation companies and used car dealerships · solicited: 12
- purchaserprice: note: Liquidation offers and terms are set out in the Confidential Supplement; unredacted version sealed. · sealed: true · scope: sale by auction of Eknors' vehicle inventory by Impact Auto Auctions · status: proposed · name note: end purchasers at auction, unnamed · structure: auction · name source: recital · relationship: unstated
- sale advisorImpact Auto Auctions, Ltd. d/b/a IAA Canada
- sale outcometext: Receiver requested liquidation proposals and accepted an offer from IAA for sale by auction of the vehicle inventory, subject to Court approval · scope: liquidation · status: pending_approval