Alberta · Receivership (court-appointed)
Seventh Report of the Receiver
Court officer report · 21 August 2024
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What we verified from this filing2 verified
- fee scheduleengagements: form: invoice_listing · rows: · money: tax: label: GST · quote: Total - MNP Ltd. | ... 9,779 $ · amount: 9779 · fees: quote: Total - MNP Ltd. | 195,586 $ · amount: 195586 · total: quote: Total - MNP Ltd. | ... 205,365 $ · amount: 205365 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: Total - MNP Ltd. | ... - $ · amount: 0 · period: end: 2024-07-31 · kind: interim · label: the Period from February 1 to July 31, 2024 Including Estimates to Complete the Administration of the Receivership · quote: Summary of Professional Fees and Disbursements for the Period from February 1 to July 31, 2024 Including Estimates to Complete the Administration of the Receivership · start: 2024-02-01 · approval: state: unstated · averages: · currency: · invoices: tax: 1100 · date: 2024-03-26 · fees: 21996 · quote: March 26, 2024 | 11527711 | For the period ended February 29, 2024 | 21,996 $ | - $ | 21,996 $ | 1,100 $ | 23,095 $ · total: 23095 · period end: 2024-02-29 · disbursements: 0; tax: 1343 · date: 2024-04-08 · fees: 26868 · quote: April 8, 2024 | 11577056 | For the period ended March 31, 2023 | 26,868 | - | 26,868 | 1,343 | 28,211 · total: 28211 · period end: 2023-03-31 · disbursements: 0; tax: 1760 · date: 2024-05-06 · fees: 35197 · quote: May 6, 2024 | 11696275 | For the period ended April 30, 2024 | 35,197 | - | 35,197 | 1,760 | 36,956 · total: 36956 · period end: 2024-04-30 · disbursements: 0; tax: 1108 · date: 2024-06-17 · fees: 22154 · quote: June 17, 2024 | 11779476 | For the period ended May 31, 2024 | 22,154 | - | 22,154 | 1,108 | 23,262 · total: 23262 · period end: 2024-05-31 · disbursements: 0; tax: 886 · date: 2024-07-15 · fees: 17710 · quote: July 15, 2024 | 11826650 | For the period ended June 30, 2024 | 17,710 | - | 17,710 | 886 | 18,596 · total: 18596 · period end: 2024-06-30 · disbursements: 0; tax: 1083 · date: 2024-08-16 · fees: 21662 · quote: August 16, 2024 | 11856737 | For the period ended July 31, 2024 | 21,662 | - | 21,662 | 1,083 | 22,745 · total: 22745 · period end: 2024-07-31 · disbursements: 0 · firm text: MNP Ltd. · firm quote: MNP Ltd. · context quote: the Court of King's Bench of Alberta (known as the Court of Queen's Bench of Alberta at the time) granted a Consent Receivership Order appointing MNP Ltd. as Receiver and Manager (the ' Receiver '); form: invoice_listing · rows: · money: tax: label: GST · quote: Total - McMillan LLP | ... 5,301 $ · amount: 5301 · fees: quote: Total - McMillan LLP | 105,381 $ · amount: 105381 · total: quote: Total - McMillan LLP | ... 111,551 $ · amount: 111551 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: Total - McMillan LLP | ... 869 $ · amount: 869 · period: end: 2024-07-31 · kind: interim · label: the Period from February 1 to July 31, 2024 Including Estimates to Complete the Administration of the Receivership · quote: Summary of Professional Fees and Disbursements for the Period from February 1 to July 31, 2024 Including Estimates to Complete the Administration of the Receivership · start: 2024-02-01 · approval: state: unstated · averages: · currency: · invoices: tax: 805 · date: 2024-03-13 · fees: 16046 · quote: March 13, 2024 | 3020083 | For the period ended February 29, 2024 | 16,046 $ | 50 $ | $ 16,096 | 805 $ | 16,901 $ · total: 16901 · period end: 2024-02-29 · disbursements: 50; tax: 614 · date: 2024-04-10 · fees: 12082 · quote: April 10, 2024 | 3020261 | For the period ended March 31, 2023 | 12,082 | 229 | 12,311 | 614 | 12,925 · total: 12925 · period end: 2023-03-31 · disbursements: 229; tax: 194 · date: 2024-05-09 · fees: 3859 · quote: May 9, 2024 | 3020485 | For the period ended April 30, 2024 | 3,859 | 160 | 4,019.00 | 194 | 4,213 · total: 4213 · period end: 2024-04-30 · disbursements: 160; tax: 72 · date: 2024-06-11 · fees: 1059 · quote: June 11, 2024 | 3020690 | For the period ended May 31, 2024 | 1,059 | 402 | 1,461.18 | 72 | 1,533 · total: 1533 · period end: 2024-05-31 · disbursements: 402; tax: 18 · date: 2024-07-10 · fees: 355 · quote: July 10, 2024 | 3020866 | For the period ended June 30, 2024 | 355 | 11 | 366.00 | 18 | 384 · total: 384 · period end: 2024-06-30 · disbursements: 11; tax: 99 · date: 2024-08-12 · fees: 1980 · quote: August 12, 2024 | 3021127 | For the period ended July 31, 2024 | 1,980 | 17 | 1,997.00 | 99 | 2,096 · total: 2096 · period end: 2024-07-31 · disbursements: 17 · firm text: McMillan LLP · firm quote: McMillan LLP · context quote: Represents professional fees and disbursements payable to the Receiver's legal counsel for the period ended July 31, 2024.; form: invoice_listing · rows: · money: tax: label: GST · quote: Total | ... 4,452 $ · amount: 4452 · fees: quote: Total | 79,570 $ · amount: 79570 · total: quote: Total | ... 96,156 $ · amount: 96156 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: Total | ... 12,134 $ · amount: 12134 · period: kind: unstated · approval: state: unstated · averages: · currency: · invoices: tax: 136 · date: 2022-08-11 · fees: 2500 · quote: August 11, 2022 | 440762 | General | 2,500 $ | 227 $ | $ 2,727 | 136 $ | 2,863 $ · total: 2863 · disbursements: 227; tax: 171 · date: 2022-08-15 · fees: 2850 · quote: August 15, 2022 | 440823 | 1606 | 2,850 | 708 | 3,558 | 171 | 3,729 · total: 3729 · disbursements: 708; tax: 240 · date: 2023-01-05 · fees: 4250 · quote: January 5, 2023 | 445994 | 2701 | 4,250 | 856 | 5,106 | 240 | 5,347 · total: 5347 · disbursements: 856; tax: 198 · date: 2023-04-18 · fees: 3520 · quote: April 18, 2023 | 448611 | 1805 | 3,520 | 628 | 4,148 | 198 | 4,346 · total: 4346 · disbursements: 628; tax: 249 · date: 2023-05-10 · fees: 4500 · quote: May 10, 2023 | 449406 | 1206 | 4,500 | 567 | 5,067 | 249 | 5,316 · total: 5316 · disbursements: 567; tax: 185 · date: 2023-07-13 · fees: 3250 · quote: July 13, 2023 | 451144 | 806 | 3,250 | 569 | 3,819 | 185 | 4,003 · total: 4003 · disbursements: 569; tax: 183 · date: 2023-07-13 · fees: 3200 · quote: July 13, 2023 | 451154 | 1106 | 3,200 | 591 | 3,791 | 183 | 3,974 · total: 3974 · disbursements: 591; tax: 193 · date: 2023-08-03 · fees: 3500 · quote: August 3, 2023 | 451781 | 2504 | 3,500 | 535 | 4,035 | 193 | 4,228 · total: 4228 · disbursements: 535; tax: 220 · date: 2023-08-10 · fees: 3500 · quote: August 10, 2023 | 451874 | 707 | 3,500 | 1,022 | 4,522 | 220 | 4,741 · total: 4741 · disbursements: 1022; tax: 197 · date: 2023-08-17 · fees: 3500 · quote: August 17, 2023 | 452050 | 507 | 3,500 | 604 | 4,104 | 197 | 4,301 · total: 4301 · disbursements: 604; tax: 192 · date: 2024-04-09 · fees: 3500 · quote: April 9, 2024 | 460255 | 2205 | 3,500 | 453 | 3,953 | 192 | 4,145 · total: 4145 · disbursements: 453; tax: 191 · date: 2024-04-18 · fees: 3500 · quote: April 18, 2024 | 460608 | 2502 | 3,500 | 416 | 3,916 | 191 | 4,107 · total: 4107 · disbursements: 416; tax: 193 · date: 2024-04-29 · fees: 3500 · quote: April 29, 2024 | 460965 | 2201 | 3,500 | 490 | 3,990 | 193 | 4,184 · total: 4184 · disbursements: 490; tax: 193 · date: 2024-04-29 · fees: 3500 · quote: April 29, 2024 | 460960 | 2602 | 3,500 | 483 | 3,983 | 193 | 4,176 · total: 4176 · disbursements: 483; tax: 196 · date: 2024-05-15 · fees: 3500 · quote: May 15, 2024 | 461652 | 506 | 3,500 | 543 | 4,043 | 196 | 4,240 · total: 4240 · disbursements: 543; tax: 193 · date: 2024-06-11 · fees: 3500 · quote: June 11, 2024 | 462657 | 2601 | 3,500 | 505 | 4,005 | 193 | 4,197 · total: 4197 · disbursements: 505; tax: 193 · date: 2024-06-19 · fees: 3500 · quote: June 19, 2024 | 462914 | 505 | 3,500 | 450 | 3,950 | 193 | 4,143 · total: 4143 · disbursements: 450; tax: 192 · date: 2024-07-03 · fees: 3500 · quote: July 3, 2024 | 463584 | 2005 | 3,500 | 527 | 4,027 | 192 | 4,219 · total: 4219 · disbursements: 527; tax: 190 · date: 2024-07-24 · fees: 3500 · quote: July 24, 2024 | 464071 | 2302 | 3,500 | 401 | 3,901 | 190 | 4,091 · total: 4091 · disbursements: 401; tax: 197 · date: 2024-08-06 · fees: 3500 · quote: August 6, 2024 | 464639 | 2001 | 3,500 | 561 | 4,061 | 197 | 4,257 · total: 4257 · disbursements: 561 · firm text: Ogilvie LLP · firm quote: Ogilvie LLP · context quote: Summary of Professional Fees and Disbursements of Ogilvie LLP Including an Estimate to Complete the Administration of the Receivership
- recovery outcomeentries: basis: unstated · quote: | Distribution to Timbercreek Mortgage Servicing Inc. | 12,350,000 | 8 | · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · amount low: 12350000 · amount high: 12350000 · class label: Timbercreek Mortgage Servicing Inc. (the Lender) · creditor name: Timbercreek Mortgage Servicing Inc. · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: | Distribution to Canada ICI Capital Corporation | 193,713 | 14 | · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · amount low: 193713 · amount high: 193713 · class label: Canada ICI Capital Corporation · creditor name: Canada ICI Capital Corporation · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: At the August 30 Hearing the Receiver is seeking approval of the Final Distribution, which provides for a distribution to the Lender of the net proceeds in the receivership estate, net of costs to complete the administration of the receivership, up to the amount of the residual Timbercreek Claim following the closing of the Transaction. · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · class label: the Lender (Timbercreek) · creditor name: Timbercreek · interim final: unstated · conditional on: up to the amount of the residual Timbercreek Claim following closing of the Transaction, net of costs to complete the administration of the receivership · claims qualifier: unstated · stated on: 2024-08-21 · table missing: