Ontario · Proposal
Fourth Report of the Proposal Trustee dated September 4, 2026 (for motion returnable September 9, 2026)
Court officer report · 4 September 2026
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What we verified from this filing9 verified
- fee scheduleengagements: form: time_summary · rows: · money: approximate: false · period: end: 2026-09-01 · kind: invoice · label: the Period · quote: the fees of the Trustee for the period from August 1, 2026 to September 1, 2026 (the "Period" · start: 2026-08-01 · approval: quote: in support of a motion seeking, among other things, approval of the fees of the Trustee for the period from August 1, 2026 to September 1, 2026 · state: sought · averages: rate: 529.63 · quote: The average hourly rate charged by the Trustee during the Period was $529.63. · currency: · invoices: · firm text: Albert Gelman Inc. · firm quote: Albert Gelman Inc. · context quote: the fees of the Trustee for the period from August 1, 2026 to September 1, 2026; form: invoice_listing · rows: · money: total: quote: totaling $5,801.42 (inclusive of taxes) · amount: 5801.42 · includes tax: true · approximate: false · period: end: 2026-08-31 · kind: invoice · quote: in respect of the period from August 7, 2026 to August 31, 2026 · start: 2026-08-07 · approval: state: unstated · averages: · currency: · invoices: · firm text: Miller Thomson · firm quote: Miller Thomson · context quote: our account as rendered by Miller Thomson to the Proposal Trustee in respect of these proceedings, totaling $5,801.42 (inclusive of taxes) in respect of the period from August 7, 2026 to August 31, 2026.
- operational summaryThe Companies continue to operate both restaurants in the ordinary course under the Trustee's supervision, with cash flow results tracking the forecasts, pending closing of the going-concern sale transaction.
- process resultsbids: 0 · ndas: 4 · note: no bids were received by the Bid Deadline · as of: 2026-08-20 · solicited: 17 · qualified bids: 0
- professional feesnote: Amount is plus applicable HST; no disbursements incurred by Trustee during the period. Trustee's counsel, Miller Thomson LLP, separately billed $4,859 plus disbursements of $275.00 plus applicable HST for the period July 29, 2026 to August 31, 2026. · party: Albert Gelman Inc. (Trustee) · amount: 14882.5 · period: August 1, 2026 to September 1, 2026 · currency: CAD
- purchaser7055579 Canada Inc.
- report date4 September 2026
- report noFourth Report
- sale outcometext: The Stalking Horse APA was deemed to be the Successful Bid and the Trustee seeks approval of the Transaction and vesting order · scope: whole_business · status: approved
- stalking horse7055579 Canada Inc. (2300000)