Alberta · Receivership (court-appointed)
Receiver's Third Report (Filed)
Court officer report · 4 November 2024
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What we verified from this filing1 verified
- fee scheduleengagements: form: time_summary · rows: Dan McCulloch; Evan MacKinnon; Matt McCulloch; Paul Lim; Robert Ferguson; Trina Sorbara; fees: 52281.5 · hours: 92.6 · quote: Total | 92.60 | | 52,281.50 · row kind: subtotal · rate kind: standard · name as stated: Total · money: fees: quote: $52,281.50 in fees incurred (exclusive GST) · amount: 52281.5 · approximate: false · disbursements: quote: the Receiver has incurred expenses of $1,571.31 · amount: 1571.31 · period: end: 2024-10-18 · kind: cumulative · quote: Set out in the chart below is a summary of the Receiver's time (and related charges) for each individual who has worked on this matter up to October 18, 2024. · approval: quote: The Receiver respectfully requests that the Court approve its fees and expenses incurred to October 18, 2024. · state: sought · averages: · currency: · invoices: · firm text: Ernst & Young Inc. · firm quote: appointed Ernst & Young Inc. (' EY ' or the ' Receiver ') as receiver of Citiport Developments Ltd. · hours total: quote: Total | 92.60 | | 52,281.50 · value: 92.6 · context quote: as receiver of Citiport Developments Ltd. (' Citiport '), Chalton Hotel (St. Albert) Ltd. (' Chalton '), Artisan Residences Ltd. (' Artisan ') and 1097016 BC Ltd. (' 109 BC ') · comparability quote: relation to the Receivership to October 18, 2024, are comparable to receivership assignments of similar scale and complexity.; form: prose · rows: · money: fees: quote: The Receiver's legal counsel's total WIP outstanding to October 29, 2024, is $47,192.25 (exclusive GST). · amount: 47192.25 · approximate: false · period: end: 2024-10-29 · kind: cumulative · quote: The Receiver's legal counsel's total WIP outstanding to October 29, 2024, is $47,192.25 (exclusive GST). · approval: state: unstated · averages: · currency: · invoices: · firm text: McLennan Ross LLP · firm quote: The Receiver engaged the services of McLennan Ross LLP as its independent legal counsel · context quote: The lawyer primarily responsible for assisting the Receiver is Mr. Ryan Trainer.