Newfoundland and Labrador · Receivership (court-appointed)
Fifth Report of the Receiver
Court officer report · 9 July 2026
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What we verified from this filing9 verified
- closing confirmedscope: the Purchased Assets · outcome: completed · effective: 2026-06-05 · purchaser: Stephenville International Airport Corp. · date basis: stated · approval order date: 2026-04-30
- fee scheduleengagements: form: time_summary · rows: Ian Penney; David Buckingham · money: approximate: false · period: kind: unstated · quote: Billing for services rendered in relation to the Interim Receivership of 15132738 for the period of January 9, 2026 to March 9, 2026: · start: 2026-01-09 · approval: state: unstated · averages: · currency: · invoices: · firm text: Janes & Noseworthy Ltd. · firm quote: FIFTH REPORT TO THE COURT SUBMITTED BY JANES & NOSEWORTHY LTD. IN ITS CAPACITY AS RECEIVER · context quote: the Court-appointed Receiver (the ' Receiver ') of all the assets, undertakings and property of 15132738 Canada Inc.; form: invoice_listing · rows: · money: fees: quote: Total | | | 62,592.00 · amount: 62592 · total: quote: Total fees and disbursements, inclusive of HST: $72,163.81. · amount: 72163.81 · includes tax: true · includes disbursements: true · approximate: false · period: end: 2026-07-07 · kind: cumulative · quote: Schedule of Accounts of O'Keefe & Sullivan (23 January 2026 to 7 July 2026) · start: 2026-01-23 · approval: state: unstated · averages: · currency: · invoices: tax: 2383.13 · date: 2026-03-12 · fees: 15887.5 · quote: 3274 (12 March 2026) | 23 January to 12 March 2026 · total: 18343.63 · period end: 2026-03-12 · period start: 2026-01-23 · disbursements: 73; tax: 4106.7 · date: 2026-05-04 · fees: 27378 · quote: 3507 (4 May 2026) | 26 February to 30 April 2026 · total: 31594.7 · period end: 2026-04-30 · period start: 2026-02-26 · disbursements: 110; tax: 2898.98 · date: 2026-07-08 · fees: 19326.5 · quote: 33314 (8 July 2026) | 4 May to 7 July 2026 · total: 22225.48 · period end: 2026-07-07 · period start: 2026-05-04 · disbursements: 0 · firm text: O'Keefe & Sullivan · firm quote: Schedule of Accounts of O'Keefe & Sullivan (23 January 2026 to 7 July 2026) · context unverified: true
- operational summaryAirport operations ceased in June 2025 and the facility has remained dormant; the Receiver has completed the court-approved sale to Stephenville International Airport Corp. and is now winding down administrative matters, including a proposed distribution and possible assignment into bankruptcy.
- professional feesnote: Total of time charges, expenses and HST across the Interim Receivership and Receiver's four advance billings for the period; counsel to the Receiver's fees (O'Keefe & Sullivan) are summarized separately in Appendix 'C' but not detailed in this excerpt. · party: Receiver (Janes & Noseworthy Limited) · amount: 195114.75 · period: 09 January 2026 to 07 July 2026 · currency: CAD
- purchaserStephenville International Airport Corp.
- report date9 July 2026
- report noFifth Report
- sale outcometext: the transaction under the SISP was approved and substantially completed, with the Receiver's certificate filed · scope: whole_business · status: closed
- stalking horseBTG