Ontario · Receivership (court-appointed)
Motion Record of the Receiver (returnable November 28, 2024)
Application / notice of application · 28 November 2024
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What we verified from this filing1 verified
- fee scheduleengagements: form: time_summary · rows: Bobby Kofman; Maha Shah; fees: 2098.5 · hours: 9.8 · quote: Other Staff and administration | 9.80 | $ 195 - 225 | 2,098.50 · rate max: 225 · rate min: 195 · row kind: bucket · rate kind: range · name as stated: Other Staff and administration · money: fees: quote: 39,008.50 · amount: 39008.5 · approximate: false · period: kind: cumulative · label: the Period · quote: As reflected in Exhibit "B", the Receiver's average hourly rate for the Period was $535.83. · approval: state: unstated · averages: rate: 535.83 · quote: the Receiver's average hourly rate for the Period was $535.83 · scope: the Period · currency: · invoices: tax: 2273.04 · fees: 17480 · quote: Total fees and disbursements per attached time summary | $ 17,484.90 · total: 19757.94 · period end: 2024-08-31 · period start: 2024-08-01 · disbursements: 4.9; tax: 1516.84 · date: 2024-10-11 · fees: 11668 · quote: Total fees per attached time summary | $ 11,668.00 · total: 13184.84 · period end: 2024-09-30 · period start: 2024-09-01; tax: 1281.87 · date: 2024-11-07 · fees: 9860.5 · quote: Total fees and disbursements per attached time summary | $ 9,860.50 · total: 11142.37 · firm text: KSV Restructuring Inc. · firm quote: KSV RESTRUCTURING INC. ("KSV"), in its capacity as the receiver (the "Receiver") of the property, assets and undertakings · hours total: quote: 72.80 · value: 72.8 · context quote: I am the President of KSV Restructuring Inc. ("KSV"), the Court-appointed Receiver (the "Receiver") of 2521311 ON Inc.; form: time_summary · rows: Bobby Kofman; Maha Shah; fees: 1470 · hours: 6.9 · quote: Other staff and administration | | 6.90 | 1,470.00 · row kind: bucket · rate kind: standard · name as stated: Other staff and administration · money: tax: label: HST · quote: HST | 2,273.04 · amount: 2273.04 · fees: quote: Total Fees and Disbursements | | | 17,484.90 · amount: 17484.9 · total: quote: Total Due | $ 19,757.94 · amount: 19757.94 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: Add: Out of pocket disbursements (postage) | | | 4.90 · amount: 4.9 · period: end: 2024-08-31 · kind: invoice · quote: For the period of August 1, 2024 to August 31, 2024 · start: 2024-08-01 · approval: state: unstated · averages: · currency: · invoices: · firm text: KSV Restructuring Inc. · firm quote: KSV Restructuring Inc. 2521311 Ontario Inc. o.a. Towns of Thornbury · hours total: quote: Total Fees | | 31.90 | 17,480.00 · value: 31.9 · context quote: I am the President of KSV Restructuring Inc. ("KSV"), the Court-appointed Receiver (the "Receiver") of 2521311 ON Inc.; form: time_summary · rows: Bobby Kofman; Maha Shah; fees: 213 · hours: 1 · quote: Other staff and administration | | 1.00 | 213.00 · row kind: bucket · rate kind: standard · name as stated: Other staff and administration · money: tax: label: HST · quote: HST | 1,516.84 · amount: 1516.84 · fees: quote: Total Fees | | 22.90 | 11,668.00 · amount: 11668 · total: quote: Total Due | $ 13,184.84 · amount: 13184.84 · includes tax: true · approximate: false · period: end: 2024-09-30 · kind: invoice · quote: For the period of September 1, 2024 to September 30, 2024 · start: 2024-09-01 · approval: state: unstated · averages: · currency: · invoices: · firm text: KSV Restructuring Inc. · firm quote: KSV Restructuring Inc. 2521311 ON Inc. o.a. Towns of Thornbury · hours total: quote: Total Fees | | 22.90 | 11,668.00 · value: 22.9 · context quote: I am the President of KSV Restructuring Inc. ("KSV"), the Court-appointed Receiver (the "Receiver") of 2521311 ON Inc.; form: time_summary · rows: Bobby Kofman; Maha Shah; fees: 415.5 · hours: 1.9 · quote: Other staff and administration | | 1.90 | 415.50 · row kind: bucket · rate kind: standard · name as stated: Other staff and administration · money: tax: label: HST · quote: HST | 1,281.87 · amount: 1281.87 · fees: quote: Total Fees | | 18.00 | 9,860.50 · amount: 9860.5 · total: quote: Total Due | $ 11,142.37 · amount: 11142.37 · includes tax: true · includes disbursements: true · approximate: false · period: kind: invoice · quote: Personnel | Rate ($) | Hours | Amount ($) · approval: state: unstated · averages: · currency: · invoices: · firm text: KSV Restructuring Inc. · firm quote: KSV Restructuring Inc. 2521311 ON Inc. o.a. Towns of Thornbury · hours total: quote: Total Fees | | 18.00 | 9,860.50 · value: 18 · context quote: I am the President of KSV Restructuring Inc. ("KSV"), the Court-appointed Receiver (the "Receiver") of 2521311 ON Inc.; form: rate_chart · rows: Edmond Lamek; Howard Krupat; Jonathan Born; Danny Nunes; Brendan Wu; Lindsey Blair; Tara Khatter; Susan Li · money: tax: label: applicable taxes · quote: applicable taxes of $7,572.05 · amount: 7572.05 · fees: quote: the total fees billed by DLA were $57,910, plus disbursements of $815.75 and applicable taxes of $7,572.05 · amount: 57910 · approximate: false · disbursements: quote: plus disbursements of $815.75 and applicable taxes of $7,572.05 · amount: 815.75 · period: end: 2024-10-31 · kind: interim · label: the Billing Period · quote: Attached hereto as Exhibit "A" are copies of the Statements of Account of DLA in respect of services rendered to the Receiver for the period from August 1, 2024 to October 31, 2024 (the "Billing Period"). · start: 2024-08-01 · approval: quote: I swear this affidavit in support of a motion for, inter alia, approval of the fees and disbursements of DLA set out above · state: sought · averages: rate: 785.75 · quote: resulting in an average hourly rate of $785.75 (exclusive of applicable taxes) · scope: the Billing Period · currency: · invoices: · firm text: DLA Piper (Canada) LLP · firm quote: I am a partner in the law firm of DLA Piper (Canada) LLP ("DLA"), the solicitors to KSV Restructuring Inc. · hours total: quote: As set out in the following table, 73.7 hours were billed by DLA personnel during the Billing Period · value: 73.7 · context quote: I am a partner in the law firm of DLA Piper (Canada) LLP ("DLA"), the solicitors to KSV Restructuring Inc., in its capacity as receiver of the property, assets and undertakings of 2521311 Ontario Inc. o.a. Towns of Thornbury (the "Receiver"); form: time_summary · rows: Edmond Lamek; Howard D. Krupat; Jonathan Born; Danny Nunes; Brendan Wu; Lindsey Blair; Tara Khatter; Susan Li · money: fees: quote: Total Fees: | $49,575.00 · amount: 49575 · approximate: false · disbursements: quote: Non-Taxable Disbursements: | $479.18 · amount: 479.18 · period: kind: invoice · quote: PROFESSIONAL SERVICES SUMMARY · approval: state: unstated · averages: · currency: · invoices: · firm text: DLA Piper (Canada) LLP · firm quote: DLA Piper (Canada) LLP · hours total: quote: Total Hours and Fees: | Total Hours and Fees: | 63.40 | $49,575.00 · value: 63.4 · context quote: I am a partner in the law firm of DLA Piper (Canada) LLP ("DLA"), the solicitors to KSV Restructuring Inc., in its capacity as receiver of the property, assets and undertakings of 2521311 Ontario Inc. o.a. Towns of Thornbury (the "Receiver")