British Columbia · Receivership (court-appointed)
Third Report of the Receiver dated March 24, 2025
Court officer report · 24 March 2025
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What we verified from this filing2 verified
- fee scheduleengagements: form: prose · rows: · money: approximate: false · period: kind: unstated · approval: state: unstated · averages: rate: 703 · quote: The average hourly rates for KSV and Cassels for the referenced billing periods were approximately $703 and $8 51 , respectively. · scope: KSV · currency: · invoices: · firm text: KSV Restructuring Inc. · firm quote: THIRD REPORT OF KSV RESTRUCTURING INC. AS RECEIVER · context quote: THIRD REPORT OF KSV RESTRUCTURING INC. AS RECEIVER; form: prose · rows: · money: approximate: false · period: kind: unstated · approval: state: unstated · averages: · currency: · invoices: · firm text: Cassels · firm quote: The average hourly rates for KSV and Cassels for the referenced billing periods were approximately $703 and $8 51 , respectively. · context quote: The average hourly rates for KSV and Cassels for the referenced billing periods were approximately $703 and $8 51 , respectively.
- recovery outcomeentries: basis: actual · quote: Following the completion of the Transaction, the KingSett Indebtedness was repaid in full. · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: receiver · class label: KingSett Mortgage Corporation · creditor name: KingSett Mortgage Corporation · interim final: unstated · claims qualifier: unstated; basis: actual · quote: These creditors did not receive a distribution from the Transaction. · pct of: unstated · outcome: nil · class key: unsecured · stated by: receiver · class label: Other Creditors · claims amount: 1300000 · interim final: unstated · claims qualifier: listed · stated on: 2025-03-24 · table missing: