Ontario · CCAA
Tenth Report of the Monitor dated February 4, 2016
Court officer report · 4 February 2016
A plain-language read of this filing opens with a subscription.
What we verified from this filing2 verified
- fee scheduleengagements: form: invoice_listing · rows: · money: tax: label: HST · quote: $1,154.73 · amount: 1154.73 · fees: quote: $8,882.50 · amount: 8882.5 · total: quote: $10,037.23 · amount: 10037.23 · includes tax: true · approximate: false · period: end: 2016-01-31 · kind: cumulative · label: the Appointment Period · quote: Calculation of Average Hourly Billing Rates of Collins Barrow Toronto Limited for the Appointment Period · start: 2015-10-01 · approval: state: unstated · averages: rate: 439.73 · quote: $439.73 · currency: · invoices: tax: 688.61 · fees: 5297 · quote: October 1, 2015 to November 30, 2015 | $5,297.00 | $688.61 | 12.4 | $427.18 | $5,985.61 · total: 5985.61 · period end: 2015-11-30 · average rate: 427.18 · period start: 2015-10-01; tax: 466.12 · fees: 3585.5 · quote: December 1, 2015 to January 31, 2016 | 3,585.50 | 466.12 | 7.8 | 459.68 | 4,051.62 · total: 4051.62 · period end: 2016-01-31 · average rate: 459.68 · period start: 2015-12-01 · firm text: Collins Barrow Toronto Limited · firm quote: prepared by Collins Barrow Toronto Limited (the "Monitor") · hours total: quote: 20.20 · value: 20.2 · context quote: in its capacity as the Monitor of Martin Ross Group Inc.; form: invoice · rows: Daniel R. Weisz; Arif N. Dhanani · money: tax: label: HST @ 13% · quote: 688.61 · amount: 688.61 · fees: quote: $ 5,297.00 · amount: 5297 · total: quote: $ 5,985.61 · amount: 5985.61 · includes tax: true · includes disbursements: true · approximate: false · period: end: 2015-11-30 · kind: invoice · quote: for the period October 1, 2015 to November 30, 2015 · start: 2015-10-01 · approval: state: unstated · averages: · currency: · invoices: · firm text: Collins Barrow Toronto Limited · firm quote: For professional services rendered with respect to the appointment of Collins Barrow Toronto Limited as Court · hours total: quote: 12.40 · value: 12.4 · context quote: for the period October 1, 2015 to November 30, 2015; form: invoice · rows: Daniel R. Weisz; Arif N. Dhanani · money: tax: label: HST @ 13% · quote: 466.12 · amount: 466.12 · fees: quote: $ 3,585.50 · amount: 3585.5 · total: quote: $ 4,051.62 · amount: 4051.62 · includes tax: true · includes disbursements: true · approximate: false · period: end: 2016-01-31 · kind: invoice · quote: for the period December 1, 2015 to January 31, 2016 · start: 2015-12-01 · approval: state: unstated · averages: · currency: · invoices: · firm text: Collins Barrow Toronto Limited · firm quote: For professional services rendered with respect to the appointment of Collins Barrow Toronto Limited as Court · hours total: quote: 7.80 · value: 7.8 · context quote: for the period December 1, 2015 to January 31, 2016; form: invoice · rows: Fay Sulley · money: tax: label: HST · quote: HST: $422.50 · amount: 422.5 · fees: quote: OUR FEE: $3,250.00 · amount: 3250 · total: quote: TOTAL FEE, DISBURSEMENTS & HST $3.681.99 · amount: 3681.99 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: Total Disbursements | 8.40 | $8.40 · amount: 8.4 · period: kind: invoice · approval: state: unstated · averages: · currency: · invoices: · firm text: Torkin Manes LLP · firm quote: TORKIN MANES LLP · hours total: quote: TOTAL HOURS | 5.20 · value: 5.2 · context quote: the Company's request for an Order approving the accounts of Torkin Manes LLP for the period October 21, 2015 to February 4, 2016; form: time_summary · rows: S. Fay Sulley; David Master · money: total: quote: TOTAL | TOTAL | TOTAL | TOTAL | $5,701.00 · amount: 5701 · includes tax: false · includes disbursements: false · approximate: false · period: kind: unstated · approval: state: unstated · averages: · currency: · invoices: · firm text: Torkin Manes LLP · firm quote: TORKIN MANES LLP · context quote: The accounts of the Monitor's counsel, Torkin Manes LLP, for the period ended October 21, 2015 have been approved by the Court.
- recovery outcomeentries: basis: plan · quote: These creditors are to receive payment of 100% of the value of their proven claims and, for the purposes of voting, will be deemed to vote in favour of the Plan; · pct of: proven_claims · outcome: distribution · pct low: 100 · pct high: 100 · class key: unsecured · stated by: monitor · class label: convenience class of creditors whose proven claims are $1,000 or less · interim final: unstated · claims qualifier: unstated; basis: plan · quote: payment to all unsecured creditors with claims greater than $1,000 of an initial payment of $1,000 and a pro rata share of the balance of their proven claim; · pct of: unstated · outcome: distribution · class key: unsecured · stated by: monitor · amount low: 1000 · amount high: 1000 · class label: unsecured creditors with claims greater than $1,000 · interim final: unstated · conditional on: initial payment of $1,000 and a pro rata share of the balance of their proven claim · claims qualifier: unstated; basis: estimated · quote: (The Company expects this to result in the distribution to unsecured creditors, other than the Plan Sponsor, being enhanced by approximately 13% of the funds available for distribution); · pct of: unstated · outcome: distribution · pct low: 13 · pct high: 13 · class key: unsecured · stated by: monitor · class label: unsecured creditors, other than the Plan Sponsor · interim final: unstated · claims qualifier: unstated; basis: actual · quote: an order (i) approving and authorizing a further interim distribution in the sum of USD $86,995.48 to Sherfam Inc. ("Interim Distribution"); · pct of: unstated · outcome: distribution · currency: USD · class key: secured · stated by: court · amount low: 86995.48 · amount high: 86995.48 · class label: Sherfam Inc. · creditor name: Sherfam Inc. · interim final: interim · currency quote: USD $86,995.48 · claims qualifier: unstated; basis: actual · quote: and directed to make the Interim Distribution in the amount of $7.5 million to those creditors whose claims have been allowed by the Monitor, in accordance with the Claims Procedure, as defined in the Claims Procedure Order of the Honourable Justice Newbould, dated May 1, 2015, · pct of: unstated · outcome: distribution · stated by: court · amount low: 7500000 · amount high: 7500000 · class label: creditors whose claims have been allowed by the Monitor · interim final: interim · claims qualifier: unstated · stated on: 2016-02-04 · table missing: