Ontario · Receivership (court-appointed)
Third Report of the Receiver dated June 30, 2026
Court officer report · 30 June 2026
A plain-language read of this filing opens with a subscription.
What we verified from this filing6 verified
- cash on handnote: As of the Filing Date; not current cash position · amount: 0 · currency: CAD
- fee scheduleengagements: form: prose · rows: · money: approximate: false · period: kind: unstated · approval: state: unstated · averages: rate: 625.23 · quote: The average hourly rate of the Receiver is $625.23. · scope: Receiver · currency: · invoices: · firm text: AlixPartners Restructuring, Inc. · firm quote: AlixPartners Restructuring, Inc. (' AlixPartners '), formerly KSV Restructuring Inc. (' KSV ') · context quote: was appointed receiver and manager (in such capacity, the ' Receiver ') without security; form: report_table · rows: · money: approximate: false · period: end: 2026-06-25 · kind: cumulative · label: For the period of September 26, 2024 to June 25, 2026 · quote: For the period of September 26, 2024 to June 25, 2026 · start: 2024-09-26 · approval: state: unstated · averages: rate: 663.13 · quote: Average hourly rate $663.13 · currency: · invoices: · firm unverified: true · context unverified: true
- operational summaryThe Receiver, with construction manager Fusioncorp, is overseeing completion of a partially-built 62-unit townhouse project that is behind schedule and over budget, while managing purchaser deposit and rescission issues following 35 terminations.
- professional feesnote: Excludes disbursements and HST; Dickinson Wright fees for same period were $361,932.98 · party: Receiver (AlixPartners) · amount: 705131 · period: commencement of mandate to May 31, 2026 · currency: CAD
- report date30 June 2026
- report noThird Report