Ontario · Winding-up (provincial)
Liquidators Sixth Report to Court (for motion returnable February 21, 2024)
Court officer report · 21 February 2024
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- fee scheduleengagements: form: time_summary · rows: Bryan Gelman; Joe Albert; Tom McElroy; Suzette Warner; Ashely Robinson; fees: 56125.5 · rate: 465.77 · hours: 120.5 · quote: 120.5 | 465.77 | 56,125.50 · row kind: subtotal · rate kind: average · money: fees: quote: The Liquidator's total fees are $ 56,125.50, its total hours spent is 120.5 and, therefore, its average hourly rate is calculated to be $465.77. · amount: 56125.5 · approximate: false · period: kind: unstated · approval: quote: This Affidavit is made in support of a motion to approve the accounts of Albert Gelman Inc. and for no improper purpose. · state: sought · averages: rate: 465.77 · quote: its average hourly rate is calculated to be $465.77 · currency: · invoices: date: 2023-11-27 · fees: 26058 · quote: An account dated November 27, 2023 for the period from August 28 to November 24, 2023 of $26,058.00, plus HST thereon; · period end: 2023-11-24 · period start: 2023-08-28; date: 2023-12-31 · fees: 12457.5 · quote: An account dated December 31, 2023 for the period from November 26 to December 31, 2023 of $12,457.50, plus HST thereon; and, · period end: 2023-12-31 · period start: 2023-11-26; date: 2024-02-07 · fees: 17610 · quote: An account dated February 7, 2024 for the period from January 1 to February 6, 2024 of $17,610.00, plus HST thereon. · period end: 2024-02-06 · period start: 2024-01-01 · firm text: Albert Gelman Inc. · firm quote: in its capacity as court-appointed liquidator pursuant to the Business Corporations Act · hours total: quote: The Liquidator's total fees are $ 56,125.50, its total hours spent is 120.5 and, therefore, its average hourly rate is calculated to be $465.77. · value: 120.5 · context quote: I am a Licenced Insolvency Trustee and principal of Albert Gelman Inc. (' Liquidator '), Liquidator of each of 1827403 Ontario Inc., 1853997 Ontario Inc., 1885926 Ontario Inc., 1950940 Ontario Inc., 1950941 Ontario Inc.; form: time_summary · rows: Ashley Robinson; Bryan A. Gelman; Suzette Warner; Tom McElroy · money: tax: label: HST/GST · quote: HST/GST: $3,409.58 · amount: 3409.58 · fees: quote: Total Fees: $26,058.00 · amount: 26058 · total: quote: TOTAL AMOUNT DUE: $29,653.65 · amount: 29653.65 · includes tax: true · includes disbursements: true · approximate: false · period: end: 2023-11-24 · kind: invoice · quote: Billing Through: Nov 24, 2023 · start: 2023-08-28 · approval: state: unstated · averages: · currency: · invoices: · firm text: Albert Gelman Inc. · firm quote: c/o Albert Gelman Inc., Court-Appointed Liquidator · context quote: An account dated November 27, 2023 for the period from August 28 to November 24, 2023 of $26,058.00, plus HST thereon;; form: time_summary · rows: Bryan A. Gelman; Suzette Warner; Tom McElroy · money: tax: label: HST/GST · quote: HST/GST: $1,619.48 · amount: 1619.48 · fees: quote: Total Fees: $12,457.50 · amount: 12457.5 · approximate: false · period: end: 2023-12-31 · kind: invoice · quote: Billing Through: Dec 31, 2023 · start: 2023-11-26 · approval: state: unstated · averages: · currency: · invoices: · firm text: Albert Gelman Inc. · firm quote: c/o Albert Gelman Inc., Court-Appointed Liquidator · context quote: An account dated December 31, 2023 for the period from November 26 to December 31, 2023 of $12,457.50, plus HST thereon; and,; form: invoice_listing · rows: · money: tax: label: HST · quote: $4,500.07 · amount: 4500.07 · fees: quote: Total | Total | Total | 65.30 | $34,615.92 · amount: 34615.92 · total: quote: $39,115.99 · amount: 39115.99 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: $740.92 · amount: 740.92 · period: end: 2024-01-31 · kind: cumulative · quote: Summary of Accounts of Reconstruct LLP (From August 1, 2023 to January 31, 2024) · start: 2023-08-01 · approval: quote: approves the fees and disbursements of the Liquidator's independent counsel, Reconstruct LLP, for the period from July 1, 2023 to January 31, 2024. · state: sought · averages: rate: 511.25 · quote: Blended Hourly Rate ($/hour) $511.25 · currency: · invoices: tax: 1800.94 · date: 2023-09-06 · fees: 13853.42 · quote: Recon 495594 | September 6, 2023 | August 31, 2023 | 29.7 | 13,853.42 | $ 62.92 | $ 1,800.94 | $ 15,654.36 · total: 15654.36 · period end: 2023-08-31 · disbursements: 62.92; tax: 661.83 · date: 2023-10-16 · fees: 5091 · quote: Recon 495699 | October 16, 2023 | September 30, 2023 | 8.8 | $ 5,091.00 | $ 339.00 | $ 661.83 | $ 5,752.83 · total: 5752.83 · period end: 2023-09-30 · disbursements: 339; tax: 504.53 · date: 2023-11-15 · fees: 3881 · quote: Recon 495825 | November 15, 2023 | October 31, 2023 | 6.8 | $ 3,881.00 | $0 | $ 504.53 | $ 4,385.53 · total: 4385.53 · period end: 2023-10-31 · disbursements: 0; tax: 1082.12 · date: 2023-12-19 · fees: 8324 · quote: Recon 495829 | December 19, 2023 | November 30, 2023 | 14.4 | $ 8,324.00 | $ 339.00 | $ 1,082.12 | $ 9,406.12 · total: 9406.12 · period end: 2023-11-30 · disbursements: 339; tax: 40.69 · date: 2024-01-09 · fees: 313 · quote: Recon 495897 | January 9, 2024 | December 31, 2023 | 0.6 | $313.00 | $0 | $ 40.69 | $ 353.69 · total: 353.69 · period end: 2023-12-31 · disbursements: 0; tax: 409.96 · date: 2024-02-12 · fees: 3153.5 · quote: Recon 495971 | February 12, 2024 | January 31, 2024 | 5.0 | $3,153.50 | $0 | $409.96 | $3,563.46 · total: 3563.46 · period end: 2024-01-31 · disbursements: 0 · firm text: Reconstruct LLP · firm quote: approves the fees and disbursements of the Liquidator's independent counsel, Reconstruct LLP, for the period from July 1, 2023 to January 31, 2024. · hours total: quote: Total | Total | Total | 65.30 | $34,615.92 · value: 65.3 · context quote: Summary of Accounts of Reconstruct LLP (From August 1, 2023 to January 31, 2024)