British Columbia · Receivership (court-appointed)
Second Report of the Receiver (Jun 10, 2024)
Court officer report · 10 June 2024
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What we verified from this filing2 verified
- fee scheduleengagements: form: report_table · rows: J. Rodrigues; C. Bowra; M. Chan; T. Chesley; rate: 200 · hours: 26.9 · quote: Administration | Administration | 200 | 26.90 · title: Administration · row kind: bucket · rate kind: average · name as stated: Administration; hours: 427.85 · quote: Total | Total | Total | 427.85 · row kind: subtotal · rate kind: average · name as stated: Total · money: tax: label: GST · quote: GST | 7,527 · amount: 7527 · fees: quote: Fees | 150,256 · amount: 150256 · total: quote: Total | 158,077 · amount: 158077 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: Disbursements | 295 · amount: 295 · period: end: 2024-05-17 · kind: interim · quote: Attached as Appendix B is summary of the Receiver's accounts for the period December 21, 2023, to May 17, 2024. · start: 2023-12-21 · approval: state: unstated · averages: · currency: · invoices: tax: 4469.59 · fees: 89391.75 · quote: December 21, 2023 to January 31, 2024 | CINV2826066 | 89,391.75 | $ | $ 4,469.59 | $ 93,861.34 · total: 93861.34 · period end: 2024-01-31 · period start: 2023-12-21; tax: 3056.95 · fees: 60864 · quote: February 1, 2024 to May 17, 2024 | CINV2938200 | $ 60,864.00 | $ 295.00 | $ 3,056.95 | $ 64,215.95 · total: 64215.95 · period end: 2024-05-17 · period start: 2024-02-01 · disbursements: 295 · firm text: BDO Canada Limited · firm quote: BDO Canada Limited, Receiver of HBJR Holdings Ltd. · hours total: quote: Total | Total | Total | 427.85 · value: 427.85 · context quote: In its capacity as Court-Appointed Receiver of HBJR Holdings Ltd. and not in its personal or corporate capacity. · comparability quote: Consistent with other insolvency firms of comparable size engaged on similar receivership matters to the Receiver's knowledge in the Province of British Columbia.; form: invoice_listing · rows: · money: fees: quote: The total fees of Owen Bird were $35,888 and disbursements of $385 as summarized below. · amount: 35888 · approximate: false · disbursements: quote: The total fees of Owen Bird were $35,888 and disbursements of $385 as summarized below. · amount: 385 · period: end: 2024-06-03 · kind: invoice · quote: Summary of Owen Bird Law Corporation's Invoices for the period January 4, 2024, to June 3, 2024 · start: 2024-01-04 · approval: state: unstated · averages: · currency: · invoices: tax: 211.75 · fees: 4235 · quote: January 4, 2024 to January 31, 2024 | 8217 | $ 4,235.00 | $ | $ 296.45 | $ 211.75 | $ 4,743.20 · total: 4743.2 · period end: 2024-01-31 · period start: 2024-01-04; tax: 225.1 · fees: 4502 · quote: February 1, 2024 to February 28, 2024 | 9152 | $ 4,502.00 | $ | $ 315.14 | $ 225.10 | 5,042.24 · total: 5042.24 · period end: 2024-02-28 · period start: 2024-02-01; tax: 542.43 · fees: 10840 · quote: March 1, 2024 to March 27, 2024 | 10225 | $ 10,840.00 | $ 8.50 | $ 758.80 | $ 542.43 | $ 12,149.73 · total: 12149.73 · period end: 2024-03-27 · period start: 2024-03-01 · disbursements: 8.5; tax: 827.15 · fees: 16310.5 · quote: March 27, 2024 to June 3, 2024 | 12274 | $ 16,310.50 | $ 376.80 | $ 1,141.74 | $ 827.15 | $ 18,656.19 · total: 18656.19 · period end: 2024-06-03 · period start: 2024-03-27 · disbursements: 376.8 · firm text: Owen Bird Law Corporation · firm quote: The Receiver engaged Owen Bird Law Corporation ("Owen Bird") as its independent legal counsel. · context quote: Summary of Owen Bird Law Corporation's Invoices
- recovery outcomeentries: basis: estimated · quote: | Shortfall to secured creditor | 1,073 | · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: secured creditor, TD · creditor name: TD Bank · interim final: unstated · claims qualifier: unstated · shortfall amount: 1073000; basis: estimated · quote: Given the first secured creditor will suffer a shortfall on its loan, there is no recovery 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: 2024-06-10 · table missing: