Ontario · Receivership (court-appointed)
Second Report of the Receiver dated May 3, 2016 - Part 2
Court officer report · 3 May 2016
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What we verified from this filing5 verified
- closing confirmedscope: the Property · outcome: completed · effective: 2016-03-01 · purchaser: 2296355 Ontario Inc. · date basis: stated
- fee scheduleengagements: form: invoice_listing · rows: · money: tax: label: HST · quote: $6,920.10 · amount: 6920.1 · fees: quote: $51,812.00 · amount: 51812 · total: quote: Grand Total | $51,812.00 | $1,419.56 | $6,920.10 | 189.35 | $273.63 | $60,151.66 · amount: 60151.66 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: $1,419.56 · amount: 1419.56 · period: end: 2016-05-02 · kind: cumulative · label: Passing of Accounts Period · quote: For the period commencing February 13, 2016 to May 2, 2016 (the "Passing of Accounts Period") · start: 2016-02-13 · approval: state: unstated · averages: rate: 273.63 · quote: $273.63 · scope: Grand Total · currency: · invoices: tax: 1359.29 · fees: 10295 · quote: November 13, 2015 to May 2,2016 | $10,295.00 | $161.07 | $1,359.29 | 33.15 | $310.56 | $11,815.36 · total: 11815.36 · period end: 2016-05-02 · average rate: 310.56 · period start: 2015-11-13 · disbursements: 161.07; tax: 487.5 · fees: 3750 · quote: Accrued fees to complete receivership administration | $3,750.00 | $0 | $487.50 | 10.00 | $375.00 | $4,237.50 · total: 4237.5 · average rate: 375 · disbursements: 0; tax: 5073.31 · fees: 37767 · quote: Accounts previously approved by the Court | $37,767.00 | 1,258.49 | $5,073.31 | 146.20 | $258.32 | $44,098.80 · total: 44098.8 · average rate: 258.32 · disbursements: 1258.49 · firm text: Collins Barrow Toronto Limited · firm quote: Collins Barrow Toronto Limited Court-Appointed Receiver & Manager of 2267 Industrial Street, Burlington, ON · hours total: quote: 189.35 · value: 189.35 · context quote: CBTL was appointed receiver and manager (the "Receiver"), without security, of lands and premises known as 2267 Industrial Street, Burlington, Ontario; form: time_summary · rows: Bryan A. Tannenbaum; Daniel R. Weisz; Arif N. Dhanani; Jeffrey K. Berger; Talib M. Contractor; fees: 225.5 · rate: 110 · hours: 2.05 · quote: Sandra Pereira/Cindy Baeta | Estate Administrator | 2.05 | $110 | 225.50 · title: Estate Administrator · row kind: bucket · rate kind: standard · name as stated: Sandra Pereira/Cindy Baeta · money: tax: label: HST @ 13% · quote: HST @ 13% | | | 1,359.29 · amount: 1359.29 · fees: quote: Total hours and professional fees | 33.15 | | $10,295.00 · amount: 10295 · total: quote: Total payable | | | $11,815.36 · amount: 11815.36 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: Total disbursements | | | $ 161.07 · amount: 161.07 · period: end: 2016-05-02 · kind: invoice · quote: 5/2/2016 · approval: state: unstated · averages: · currency: · invoices: · firm text: Collins Barrow Toronto Limited · firm quote: Collins Barrow Toronto Limited · hours total: quote: Total hours and professional fees | 33.15 · value: 33.15 · context quote: Pursuant to the order herein dated November 12, 2015 (the "Appointment Order"), CBTL was appointed receiver and manager (the "Receiver"); form: time_summary · rows: · money: approximate: false · period: kind: unstated · approval: state: unstated · averages: · currency: · invoices: · context quote: I am an assistant at law firm of Paliare Roland Rosenberg Rothstein LLP · firm unverified: true
- purchaser2296355 Ontario Inc.
- recovery outcomeentries: basis: actual · quote: We understand that following the sale, the indebtedness secured by the First Source Mortgage (and a related assignment of rents and postponement) was paid out, in full, to First Source after the sale of the Property. · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: receiver · class label: First Source · creditor name: First Source Mortgage Corporation · interim final: unstated · claims qualifier: unstated; basis: actual · quote: | Less: Distribution to First Source | 531,044.57 | | · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · amount low: 531044.57 · amount high: 531044.57 · class label: First Source · creditor name: First Source · interim final: unstated · claims qualifier: unstated · table missing:
- sale outcometext: Property sold and Approval and Vesting Order registered on title; sale proceeds received and First Source indebtedness paid out in full · scope: parcel · status: closed