Ontario · Receivership (court-appointed)
Motion Record - Receiver - BDO Canada Limited
Application / notice of application · 25 March 2025
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What we verified from this filing2 verified
- fee scheduleengagements: form: prose · rows: · money: fees: quote: for a total of $87,595.00 before disbursements and applicable taxes · amount: 87595 · approximate: false · period: end: 2025-03-14 · kind: unstated · quote: The Receiver's fees from July 9, 2024 to March 14, 2025 encompass 246.6 hours at an average hourly rate of $355.21 for a total of $87,595.00 before disbursements and applicable taxes. · start: 2024-07-09 · approval: state: unstated · averages: rate: 355.21 · quote: resulting in an average hourly rate of $355.21 · currency: · invoices: · firm text: BDO Canada Limited · firm quote: Counsel for BDO Canada Limited, in its capacity as court-appointed receiver of 1000502168 Ontario Inc. · hours total: quote: Total hours incurred during the period are 246.6 resulting in an average hourly rate of $355.21. · value: 246.6 · context quote: in its capacity as court-appointed receiver of 1000502168 Ontario Inc.; form: prose · rows: · money: approximate: false · period: kind: unstated · approval: state: unstated · averages: rate: 680.95 · quote: The average hourly rate of Aird & Berlis LLP is $680.95. · currency: · invoices: · firm text: Aird & Berlis LLP · firm quote: AIRD & BERLIS LLP · context unverified: true
- recovery outcomeentries: basis: estimated · quote: As the RBC Indebtedness exceeds the net realizations to be realized upon closing the Sale Transaction, RBC will suffer a shortfall. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: RBC · creditor name: Royal Bank of Canada · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: There will be no proceeds available to subordinate secured creditors or unsecured creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: receiver · class label: subordinate secured creditors or unsecured creditors · interim final: unstated · claims qualifier: unstated · stated on: 2025-03-21 · table missing: