Ontario · Receivership (court-appointed)
Motion Record of Receiver returnable June 7, 2021
Application / notice of application · 7 June 2021
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What we verified from this filing5 verified
- secured creditorsnote: Amount before nominal closing adjustments; approximately $1.7 million stated elsewhere in prose (para 19, 24(a)) is approximation, exact figure per draft payout statement used here · page: 10 · as of: 2021-06-11 · amount: 1691685.77 · debtor: 863704 Ontario Limited · creditor: Equitable Bank · currency: CAD · security: First priority mortgage registered on title to Densley Property; also holds General Security Agreement against all of 863 Ontario's properties, assets and undertakings
- secured creditorsnote: Related-party/court-ordered receivership financing (interim lender), not a traditional pre-filing creditor; amount is per payout statement as of stated date · page: 10 · as of: 2021-06-11 · amount: 265624.8 · debtor: Frank Zuccaro, 863704 Ontario Limited, Metropolitan Ice Cream Inc. and Oraccuz Holding Ltd. · creditor: Hillmount Capital Inc. · currency: CAD · security: Receiver's Borrowings Charge over all assets, undertakings and properties of the Respondents pursuant to s.21 of Receivership Order; subordinate to Equitable mortgage; secures Receiver's Certificates issued; loan facility not exceeding $400,000.00 authorized, approximately $260,000 borrowed (before financing cost adjustments)
- unsecured creditorsnote: Plus accrued interest; personal (matrimonial) claimant, spouse of respondent Frank Zuccaro · page: 22 · as of: 2020-09-24 · basis: Receiver's summary of Unpaid Spousal Payments per prior matrimonial court orders (March 2020 and August 2020 Orders) · amount: 70001.67 · debtor: Frank Zuccaro · creditor: Maria Zuccaro · currency: CAD
- unsecured creditorsnote: Personal (matrimonial) claimant, spouse of respondent Frank Zuccaro · page: 22 · as of: 2020-11-16 · basis: Cost order made in matrimonial proceedings, plus interest at 2% per annum · amount: 24000 · debtor: Frank Zuccaro · creditor: Maria Zuccaro · currency: CAD
- fee scheduleengagements: form: time_summary · rows: Brenda McKnight · money: tax: label: HST · quote: HST $19,194.98 · amount: 19194.98 · fees: quote: Total Professional Fees $139,622.05 · amount: 139622.05 · total: quote: TOTAL $166, 7 48.65 · amount: 166748.65 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: Disbursements $8,031.63 · amount: 8031.63 · period: kind: unstated · approval: state: unstated · averages: rate: 282.98 · quote: Average Hourly Rate: $282.98 · currency: · invoices: · hours total: quote: Total Hours: 493.39 · value: 493.39 · context quote: Total Professional Fees $139,622.05 Disbursements $8,031.63 Subtotal $147,553.68 HST $19,194.98 TOTAL $166, 7 48.65 · firm unverified: true