Quebec · Receivership (court-appointed)
Third Report
Court officer report · 25 September 2025
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing7 verified
- cash on handnote: Cash balance at end of the period ended September 24, 2025: RBC 111,419 and Fiera 23,807 (total 135,226); beginning balance was nil. · as at: 2025-09-24 · amount: 135226 · currency: CAD
- disbursementsnote: Composed of consultant fees 5,617, insurance 73,010, bank fees 15, and professional fees 40,582. · since: start of the receivership (beginning cash balance nil; period ended September 24, 2025) · amount: 119224 · currency: CAD
- operational summaryThe interim receiver has been safeguarding the assets through site visits, paying insurance, securing copies of the debtor's records and servers, and examining Mr. Sozzi. It continues to analyze collected information, as a consultant to RBC once its interim receivership ends.
- professional feesnote: Paid from RBC-funded receipts; relates to the RBC Property. Whether the amount excludes tax is not stated. Consultant fees to former employees (5,617) are separate. · party: FTI Consulting Canada Inc., in its capacity as interim receiver · amount: 40582 · period: August 29 to September 14, 2025 · currency: CAD
- receipts cumulativenote: Composed of accounts receivable 152,538, interim financing from Fiera 100,000, and other deposits (CNESST cheques) 1,912. · since: start of the receivership (beginning cash balance nil; period ended September 24, 2025) · amount: 254450 · currency: CAD
- report date25 September 2025
- report noThird Report