Ontario · Receivership (court-appointed)
Second Report of the Receiver dated March 12, 2024
Court officer report · 12 March 2024
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What we verified from this filing4 verified · 1 withheld
- secured creditorsnote: Senior secured creditor; described as approximately $2.6 million as of September 18, 2023, with interest and costs continuing to accrue. Company's only secured creditor. Security opinion obtained by Receiver's counsel (Reconstruct) confirming valid and enforceable charge. Shareholders (Brian Holland and Mislav Pavelic) are personal guarantors of this indebtedness. · page: 3 · as of: September 18, 2023 · amount: 2600000 · debtor: 2th, Inc. and Dr. Mislav Pavelic Dentistry Professional Corporation · creditor: Bank of Montreal (BMO) · currency: CAD
- fee scheduleengagements: form: prose · rows: · money: approximate: false · period: end: 2023-10-31 · kind: invoice · quote: For the period September 15, 2023 to October 31, 2023 · start: 2023-09-15 · approval: state: unstated · averages: rate: 622.53 · quote: The average hourly rate of the Receiver is $622.53. · scope: Receiver · currency: · invoices: · firm text: KSV Restructuring Inc. · firm quote: This report (the 'Report') is filed by KSV Restructuring Inc. ('KSV') in its capacity as receiver and manager · context quote: in its capacity as receiver and manager (in such capacity, the 'Receiver') of the property, assets and undertakings; form: prose · rows: · money: approximate: false · period: kind: unstated · approval: state: unstated · averages: rate: 623 · quote: The average hourly rate for the Receiver and Reconstruct for the referenced billing period was $623 and $585, respectively. · scope: Receiver; rate: 585 · quote: The average hourly rate for the Receiver and Reconstruct for the referenced billing period was $623 and $585, respectively. · scope: Reconstruct · currency: · invoices: · firm unverified: true · context unverified: true
- process resultsnote: number solicited via ISL · as of: 2024-03-12 · solicited: 60
- purchaserNamrita Harchandani Dentistry Professional Corporation
1 extracted value is withheld: either a trap-shaped field where models produce confident wrong numbers, or an identity value whose quotation could not be found in the document. Withheld values are shown to no one.