Alberta · Receivership (court-appointed)
Receiver’s Second Report – Dated May 30, 2024
Court officer report · 30 May 2024
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What we verified from this filing2 verified
- fee scheduleengagements: form: invoice_listing · rows: · money: tax: label: GST · quote: TOTAL | 10,000.00 | 17.86 | 82,362.50 | 4,119.02 | 86,499.38 · amount: 4119.02 · fees: quote: TOTAL | 10,000.00 | 17.86 | 82,362.50 | 4,119.02 | 86,499.38 · amount: 82362.5 · total: quote: TOTAL | 10,000.00 | 17.86 | 82,362.50 | 4,119.02 | 86,499.38 · amount: 86499.38 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: TOTAL | 10,000.00 | 17.86 | 82,362.50 | 4,119.02 | 86,499.38 · amount: 17.86 · period: end: 2024-05-15 · kind: cumulative · quote: INVOICE SUMMARY FOR THE PERIOD OF NOVEMBER 20, 2023 to MAY 15, 2024 · start: 2023-11-20 · approval: state: unstated · averages: · currency: · invoices: tax: 3619.02 · date: 2024-05-16 · fees: 72362.5 · quote: 16-May-24 | CINV2897725 | - | 17.86 | 72,362.50 | 3,619.02 | 75,999.38 · total: 75999.38 · period end: 2024-05-15 · period start: 2023-11-20 · disbursements: 17.86 · firm text: BDO Canada Limited · firm quote: BDO Canada Limited (' BDO ' or the ' Receiver ') · context quote: the Court granted an order (the ' Receivership Order ') appointing BDO Canada Limited (' BDO ' or the ' Receiver ') as receiver and manager over all the assets of 2396610 Alberta Inc.; form: time_summary · rows: David Lewis; Daniel Pintaric; Jacob Furneaux; Laura Demchuk; Christina Hobson; Courtney Sword; Tara Kelley · money: tax: label: G.S.T. at 5% · quote: G.S.T. at 5% | 3,619.02 · amount: 3619.02 · fees: quote: Our Fee: | 72,362.50 $ · amount: 72362.5 · total: quote: BALANCE DUE | 75,999.38 $ · amount: 75999.38 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: Disbursements: | 17.86 $ · amount: 17.86 · period: end: 2024-05-15 · kind: invoice · quote: For Professional Services rendered in connection with our engagement as Receiver of 2396610 Alberta Ltd. for the period up to and including May 15, 2024. · approval: state: unstated · averages: rate: 440.16 · quote: Average Hourly Rate Charged 440.16 · currency: · invoices: · firm text: BDO Canada Limited · firm quote: BDO CANADA LIMITED · hours total: quote: Total | 164.4 | | 72,362.50 · value: 164.4 · context quote: appointing BDO Canada Limited (' BDO ' or the ' Receiver ') as receiver and manager over all the assets of 2396610 Alberta Inc.
- recovery outcomeentries: basis: estimated · quote: Given the quantum of BMO's claim and considering the proposed distribution to BMO contemplated by the Receiver, BMO will experience a shortfall in relation to the Building and as such, the Receiver does not envision a scenario where · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: BMO · creditor name: Bank of Montreal · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: there will be any distributions to the unsecured creditors (if any) of this estate. · pct of: unstated · outcome: nil · class key: unsecured · stated by: receiver · class label: unsecured creditors (if any) of this estate · interim final: unstated · claims qualifier: unstated · stated on: 2024-05-30 · table missing: