Saskatchewan · Receivership (court-appointed)
Ram Leon - Receiver's Fifth Report
Court officer report · 31 August 2026
A plain-language read of this filing opens with a subscription.
What we verified from this filing2 verified
- fee scheduleengagements: form: invoice_listing · rows: · money: tax: label: GST · quote: 41,735.27 · amount: 41735.27 · fees: quote: 874,888.50 · amount: 874888.5 · total: quote: 876,440.75 · amount: 876440.75 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: 31,659.37 · amount: 31659.37 · period: end: 2026-08-18 · kind: invoice · quote: INVOICE SUMMARY FOR THE PERIOD JUNE 11, 2024 TO AUGUST 18, 2026 · start: 2024-06-11 · approval: state: unstated · averages: · currency: · invoices: tax: 18733.06 · date: 2024-11-05 · fees: 395055.5 · quote: 05-Nov-24 | CA12C500011300 | 395,055.50 | -41,629.02 | 21,234.66 | 374,661.14 | 18,733.06 | 393,394.20 · total: 393394.2 · disbursements: 21234.66; tax: 5780.93 · date: 2025-02-04 · fees: 126724.5 · quote: 04-Feb-25 | CA12C500011705 | 126,724.50 | -12,672.45 | 1,566.68 | 115,618.73 | 5,780.93 | 121,399.66 · total: 121399.66 · disbursements: 1566.68; tax: 9505.29 · date: 2025-05-29 · fees: 182991 · quote: 29-May-25 | CA12C500012165 | 182,991.00 | 0.00 | 7,114.89 | 190,105.89 | 9,505.29 | 199,611.18 · total: 199611.18 · disbursements: 7114.89; tax: 1829.24 · date: 2025-07-22 · fees: 35027 · quote: 22-Jul-25 | CA12C500012396 | 35,027.00 | 0.00 | 1,557.70 | 36,584.70 | 1,829.24 | 38,413.94 · total: 38413.94 · disbursements: 1557.7; tax: 915.95 · date: 2025-10-07 · fees: 18151 · quote: 07-Oct-25 | CA12C500012681 | 18,151.00 | 0.00 | 168.00 | 18,319.00 | 915.95 | 19,234.95 · total: 19234.95 · disbursements: 168; tax: 1017.24 · date: 2026-04-07 · fees: 23914.5 · quote: 07-Apr-26 | CA12C500013451 | 23,914.50 | -3,587.17 | 17.44 | 20,344.77 | 1,017.24 | 21,362.01 · total: 21362.01 · disbursements: 17.44; tax: 3953.56 · date: 2026-08-27 · fees: 93025 · quote: 27-Aug-26 | CA12C500014046 | 93,025.00 | -13,953.75 | 0.00 | 79,071.25 | 3,953.56 | 83,024.81 · total: 83024.81 · disbursements: 0 · firm text: Ernst & Young Inc. · firm quote: ERNST & YOUNG INC. · context quote: granted an order (the ' Receivership Order ') appointing Ernst & Young Inc. (' EYI ' or the ' Receiver ') as receiver; form: invoice_listing · rows: · money: fees: quote: 451,194.50 · amount: 451194.5 · total: quote: 503,012.37 · amount: 503012.37 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: 2,108.36 · amount: 2108.36 · period: end: 2026-07-31 · kind: invoice · quote: INVOICE SUMMARY FOR THE PERIOD JUNE 11, 2024 TO JULY 31, 2026 · start: 2024-06-11 · approval: state: unstated · averages: · currency: · invoices: date: 2024-06-27 · fees: 29050 · quote: 27-Jun-24 | 723323 | 29,050.00 | 0.00 | 29,050.00 | 1,452.50 | 1,743.00 | 32,245.50 · total: 32245.5 · disbursements: 0; date: 2024-07-30 · fees: 17159.5 · quote: 30-Jul-24 | 725714 | 17,159.50 | 127.00 | 17,286.50 | 863.63 | 1,029.57 | 19,179.70 · total: 19179.7 · disbursements: 127; date: 2024-08-29 · fees: 8184 · quote: 29-Aug-24 | 727661 | 8,184.00 | 20.33 | 8,204.33 | 410.22 | 491.04 | 9,105.59 · total: 9105.59 · disbursements: 20.33; date: 2024-10-01 · fees: 11359 · quote: 01-Oct-24 | 730317 | 11,359.00 | 0.00 | 11,359.00 | 567.95 | 681.54 | 12,608.49 · total: 12608.49 · disbursements: 0; date: 2024-10-30 · fees: 43301.5 · quote: 30-Oct-24 | 732555 | 43,301.50 | 127.96 | 43,429.46 | 2,170.48 | 2,598.09 | 48,198.03 · total: 48198.03 · disbursements: 127.96; date: 2024-11-29 · fees: 7054 · quote: 29-Nov-24 | 734485 | 7,054.00 | 56.55 | 7,110.55 | 353.28 | 423.24 | 7,887.07 · total: 7887.07 · disbursements: 56.55; date: 2024-12-31 · fees: 25429.5 · quote: 31-Dec-24 | 738210 | 25,429.50 | 40.00 | 25,469.50 | 1,271.48 | 1,525.77 | 28,266.75 · total: 28266.75 · disbursements: 40; date: 2025-01-31 · fees: 53580.5 · quote: 31-Jan-25 | 740282 | 53,580.50 | 40.00 | 53,620.50 | 2,681.03 | 3,214.83 | 59,516.36 · total: 59516.36 · disbursements: 40; date: 2025-03-07 · fees: 82976.5 · quote: 07-Mar-25 | 742896 | 82,976.50 | 1,076.70 | 84,053.20 | 4,195.00 | 4,978.59 | 93,226.79 · total: 93226.79 · disbursements: 1076.7; date: 2025-03-31 · fees: 49420 · quote: 31-Mar-25 | 744484 | 49,420.00 | 168.81 | 49,588.81 | 2,476.44 | 2,965.20 | 55,030.45 · total: 55030.45 · disbursements: 168.81; date: 2025-04-30 · fees: 6142.5 · quote: 30-Apr-25 | 746697 | 6,142.50 | 115.90 | 6,258.40 | 310.43 | 368.55 | 6,937.38 · total: 6937.38 · disbursements: 115.9; date: 2025-05-29 · fees: 36894 · quote: 29-May-25 | 748274 | 36,894.00 | 89.85 | 36,983.85 | 1,845.94 | 2,213.64 | 41,043.43 · total: 41043.43 · disbursements: 89.85; date: 2025-06-30 · fees: 2568.5 · quote: 30-Jun-25 | 750768 | 2,568.50 | 40.00 | 2,608.50 | 128.43 | 154.11 | 2,891.04 · total: 2891.04 · disbursements: 40; date: 2025-07-30 · fees: 2515 · quote: 30-Jul-25 | 752821 | 2,515.00 | 0.00 | 2,515.00 | 125.75 | 150.90 | 2,791.65 · total: 2791.65 · disbursements: 0; date: 2025-08-29 · fees: 2067.5 · quote: 29-Aug-25 | 755036 | 2,067.50 | 0.00 | 2,067.50 | 103.38 | 124.05 | 2,294.93 · total: 2294.93 · disbursements: 0; date: 2026-02-25 · fees: 5458.5 · quote: 25-Feb-26 | 768109 | 5,458.50 | 0.00 | 5,458.50 | 272.93 | 327.51 | 6,058.94 · total: 6058.94 · disbursements: 0; date: 2026-03-31 · fees: 1710.5 · quote: 31-Mar-26 | 770695 | 1,710.50 | 0.00 | 1,710.50 | 85.53 | 102.63 | 1,898.66 · total: 1898.66 · disbursements: 0; date: 2026-05-29 · fees: 27060 · quote: 29-May-26 | 775012 | 27,060.00 | 45.00 | 27,105.00 | 1,355.25 | 1,623.60 | 30,083.85 · total: 30083.85 · disbursements: 45; date: 2026-06-30 · fees: 30440 · quote: 30-Jun-26 | 776881 | 30,440.00 | 60.00 | 30,500.00 | 1,522.00 | 1,826.40 | 33,848.40 · total: 33848.4 · disbursements: 60; date: 2026-07-31 · fees: 8823.5 · quote: 31-Jul-26 | 779046 | 8,823.50 | 100.26 | 8,923.76 | 446.19 | 529.41 | 9,899.36 · total: 9899.36 · disbursements: 100.26 · firm text: McDougall Gauley LLP · firm quote: MCDOUGALL GAULEY LLP · context quote: Receiver's counsel, McDougall Gauley LLP · context unverified: true
- recovery outcomeentries: basis: actual · quote: As provided for in the Receiver's Third Report and approved by the Court in the Interim Distribution Order, the Receiver has paid the CRA a total of $356,795.37 for its deemed trust claims for the employees' portion of unremitted source deductions in respect of Ram and Leon, which is shown in the Statement of Receipts and Disbursements (discussed below). · pct of: unstated · outcome: paid_in_full · class key: deemed_trust · stated by: receiver · amount low: 356795.37 · amount high: 356795.37 · class label: Canada Revenue Agency (deemed trust claim) · creditor name: Canada Revenue Agency · interim final: unstated · claims qualifier: unstated; basis: actual · quote: As provided for in the Receiver's Third Report and approved by the Court in the Interim Distribution Order, the Receiver paid Service Canada $134,583.50 for its subrogated priority claim in respect of the Companies, which is shown in the Statement of Receipts and Disbursements (discussed below). · pct of: unstated · outcome: paid_in_full · class key: weppa · stated by: receiver · amount low: 134583.5 · amount high: 134583.5 · class label: Service Canada WEPPA priority secured claim · creditor name: Service Canada · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: After considering the BMO Indebtedness, the BMO Security and the funds held in trust by the Receiver (as discussed below), the Receiver anticipates that BMO will suffer a material shortfall. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: Bank of Montreal (secured claim) · creditor name: Bank of Montreal · interim final: unstated · claims qualifier: unstated · stated on: 2026-08-31 · table missing: