Alberta · Receivership (court-appointed)
Receiver's First Report
Court officer report · 17 June 2021
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 filing7 verified
- disbursementssince: August 7, 2020 · amount: 393953.2 · currency: CAD
- fee scheduleengagements: form: time_summary · rows: Shannon Massa; Megan Schafer; Lane Congdon; Joleen Collier; fees: 142205.95 · hours: 633.95 · quote: | 633.95 | 142,205.95 | · row kind: subtotal · rate kind: standard · money: fees: quote: TOTAL FEES 142,205.95 · amount: 142205.95 · total: quote: TOTAL FEES AND DISBURSEMENTS 287.08 142,493.03 · amount: 142493.03 · includes disbursements: true · approximate: false · period: kind: invoice · approval: state: unstated · averages: · currency: · invoices: · firm text: MNP Ltd. · firm quote: MNP Ltd. · hours total: quote: Total Hours 633.95 · value: 633.95 · context quote: MNP Ltd. was appointed as Interim Receiver of Black Knight Inn Ltd., BKI Holdings Ltd. and Manwood Holdings Ltd.; form: invoice_listing · rows: · money: tax: label: GST · quote: 1,375.94 · amount: 1375.94 · total: quote: 27,599.50 | 1,375.94 | 28,975.44 · amount: 28975.44 · includes tax: true · includes disbursements: true · approximate: false · period: kind: cumulative · approval: state: unstated · averages: · currency: · invoices: tax: 197.65 · date: 2020-08-31 · fees: 3957 · quote: Parlee McLaws LLP | 762943 | 31-Aug-20 | 3,957.00 | 197.65 | 4,154.65 · total: 4154.65; tax: 229.28 · date: 2020-12-16 · fees: 4585.5 · quote: Parlee McLaws LLP | 769205 | 16-Dec-20 | 4,585.50 | 229.28 | 4,814.78 · total: 4814.78; tax: 414.95 · date: 2020-12-31 · fees: 8306 · quote: Parlee McLaws LLP | 770556 | 31-Dec-20 | 8,306.00 | 414.95 | 8,720.95 · total: 8720.95; tax: 435.63 · date: 2021-02-16 · fees: 8712.5 · quote: Parlee McLaws LLP | 772297 | 16-Feb-21 | 8,712.50 | 435.63 | 9,148.13 · total: 9148.13; tax: 98.43 · date: 2021-04-30 · fees: 2038.5 · quote: Parlee McLaws LLP | 776514 | 30-Apr-21 | 2038.50 | 98.43 | 2,136.93 · total: 2136.93 · firm text: Parlee McLaws LLP · firm quote: Parlee McLaws LLP · context quote: Solicitors for the Receiver, MNP Ltd.
- operational summaryThe Hotel ceased operations shortly after the Receiver's appointment due to minimal bookings, and the Receiver has since focused on preserving the property and running a sales process, with a prior deal terminated and a new letter of intent being negotiated.
- professional feesnote: Total Fees and Disbursements were $142,493.03; less interim billings (accrued but not yet paid) of $128,010.25 resulted in Net Fees and Disbursements of $14,482.78. Legal fees for Parlee McLaws LLP totaled $28,975.44 including GST of $1,375.94, separately, per Schedule 4. · party: MNP Ltd. (Receiver) · amount: 142205.95 · period: to June 14, 2021 · currency: CAD
- receipts cumulativesince: August 7, 2020 · amount: 395096.83 · currency: CAD
- report date17 June 2021
- report noFirst Report