Ontario · Receivership (court-appointed)
Motion Record of the Receiver re Envie I dated October 28, 2025
Application / notice of application · 28 October 2025
Also filed as: Motion Record of the Receiver re Envie I dated October 28, 2025
What we verified from this filing2 verified
- fee scheduleengagements: form: prose · rows: · money: approximate: false · period: kind: unstated · approval: state: unstated · averages: rate: 654.12 · quote: The average hourly rates for the Receiver and Blaney for the referenced billing periods are $654.12 and $771.32, respectively. · scope: Receiver · currency: · invoices: · firm text: KSV Restructuring Inc. · firm quote: Lawyers for KSV Restructuring Inc., in its capacity as Court-appointed Receiver · context quote: Lawyers for KSV Restructuring Inc., in its capacity as Court-appointed Receiver; form: prose · rows: · money: approximate: false · period: kind: unstated · approval: state: unstated · averages: rate: 771.32 · quote: The average hourly rates for the Receiver and Blaney for the referenced billing periods are $654.12 and $771.32, respectively. · scope: Blaney · currency: · invoices: · firm text: Blaney McMurtry LLP · firm quote: BLANEY McMURTRY LLP · context quote: The average hourly rates for the Receiver and Blaney for the referenced billing periods are $654.12 and $771.32, respectively.
- recovery outcomeentries: basis: actual · quote: the balance owing by Envie I to ACM under its second mortgage was partially assumed by the Purchaser, resulting in it incurring a shortfall under ACM's loan to Envie I exceeding $1 million, subject to any further recoveries, including but not limited to the Property Tax Claim relating to the reduced value of the Building due to the mould and required remediation; · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: ACM under its second mortgage · creditor name: ACM Advisors Ltd. · interim final: unstated · conditional on: subject to any further recoveries, including but not limited to the Property Tax Claim relating to the reduced value of the Building due to the mould and required remediation · claims qualifier: unstated · shortfall amount: 1000000 · stated on: 2025-10-28 · table missing: