British Columbia · Receivership (court-appointed)
Receiver's 6th Report to Court
Court officer report · 30 May 2024
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing5 verified
- cash on handnote: Held in the Receiver's trust account; stated to be fully committed to outstanding accounts payable and financial commitments related to work projects to June 30, 2024. · as at: 2024-05-15 · amount: 8332130 · currency: CAD
- operational summaryThe Receiver is not operating the business but is conducting environmental monitoring, effluent/water treatment, landfill closure planning, demolition of marine infrastructure and site stabilization at the Mill Site, expected to lead eventually to the conclusion of the receivership.
- professional feesnote: Comprises fees of $5,665,035.50 (approx. 15,821 hours), disbursements of $204,181.49 and taxes of $293,460.86. Counsel Fasken Martineau DuMoulin LLP separately invoiced $307,278.82 (fees $272,186.42 over approx. 518 hours, disbursements $2,329.36, taxes $32,763.04) for the same period. · party: PricewaterhouseCoopers Inc. (Receiver) · amount: 6162677.85 · period: April 1, 2023 to April 30, 2024 · currency: CAD
- report date30 May 2024
- report noSixth Report