Receivership (court-appointed)
Motion Record (including Twenty-first Report of the Receiver) returnable June 7, 2007
Application / notice of application · 7 June 2007
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing1 verified
- fee scheduleengagements: form: time_summary · rows: Robert Kofman; Robert Kofman; Robert Harlang; Robert Harlang; David Steinberg; David Steinberg; David Sieradzki; David Sieradzki; Melanie Mackenzie; Melanie Mackenzie; Francois Bissonnette; Paul Spitzen; fees: 72456.9 · quote: Other staff and administrative | | | 72,456.90 · row kind: bucket · rate kind: standard · name as stated: Other staff and administrative · money: fees: quote: Total Fees | | | 779,388.15 · amount: 779388.15 · approximate: false · period: end: 2007-04-30 · kind: interim · quote: June 1, 2006 to April 30, 2007 · start: 2006-06-01 · approval: quote: This affidavit is sworn in support of the motion for approval of the fees and expenses of the Receiver, and the fees and disbursements of MBM and for no other or improper purpose. · state: sought · averages: rate: 485.07 · quote: Average Hourly Rate | | | 485.07 · currency: · invoices: · firm text: RSM Richter Inc. · firm quote: RSM Richter Inc. Re: The Ravelston Corporation Limited and Ravelston Management Inc. · hours total: quote: Total Hours | | | 1,606.75 · value: 1606.75 · context quote: Solicitors for RSM Richter Inc., in its capacity as Interim Receiver, Receiver and Manager and Monitor of The Ravelston Corporation Limited, Ravelston Management Inc., Argus Corporation Limited, 509643 N.B. Inc., 509644 N.B. Inc., 509645 N.B. Inc., 509646 N.B. Inc. and 509647 N.B. Inc.; form: time_summary · rows: Robert Kofman; Robert Kofman; David Sieradzki; David Sieradzki · money: fees: quote: Total Fees | | | 30,082.50 · amount: 30082.5 · approximate: false · period: end: 2007-04-30 · kind: interim · quote: June 1, 2006 to April 30, 2007 · start: 2006-06-01 · approval: quote: This affidavit is sworn in support of the motion for approval of the fees and expenses of the Receiver, and the fees and disbursements of MBM and for no other or improper purpose. · state: sought · averages: rate: 445.67 · quote: Average Hourly Rate | | | 445.67 · currency: · invoices: · firm text: RSM Richter Inc. · firm quote: RSM Richter Inc. Re: Argus Corporation Limited · hours total: quote: Total Hours | | | 67.50 · value: 67.5 · context quote: Solicitors for RSM Richter Inc., in its capacity as Interim Receiver, Receiver and Manager and Monitor of The Ravelston Corporation Limited, Ravelston Management Inc., Argus Corporation Limited, 509643 N.B. Inc., 509644 N.B. Inc., 509645 N.B. Inc., 509646 N.B. Inc. and 509647 N.B. Inc.; form: rate_chart · rows: M. Mendelsohn; W. Woloshyn; D.M. Low; W. D. Gray; T.E. Scott; D.N. Ross; M.C. McNee; C.A. Roberts; R.M. Scavone; R.M. Scavone; A.L. MacFarlane; J.M. Wilks; L.H.K. Caplan; J.S. Maidment; T.A. Miller; D.E. Slan; K.J. Poster; J.S. Dent; K.M. Shaver; B.G. Harrison; I.A. Luksic; A.C. Maerov; A.C. Maerov; N. Scheib; K.E. Borgatti; L. Brost; L. Brost; M. Demers; J.P. Scanlon; J.P. Scanlon; T.N. Weerasooriya; T.N. Weerasooriya; R. Kapoor; S. Andreou; J. Brazeau; J. Charlton; N.V. Colangelo; N.R. Hewitt; C. Hughes; A. Katz; G. Moysa; A. Pizale; P. Varma; T. Trachsler; N. Chaves; D.G. Jubb; L. Picchi; L.P. Semira; V. Snook; S.J. Tyrrell; M. Yang; C.H. Yue; B.P. Zee; S. Mammoliti · money: tax: label: GST · quote: $52,465-53 in GST · amount: 52465.53 · fees: quote: the MBM Accounts total $844,233.-50 in professional fees · amount: 844233.5 · total: quote: for a total amount of $929,892.45 · amount: 929892.45 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: $33,193.42 in disbursements · amount: 33193.42 · period: end: 2006-12-31 · kind: interim · quote: for the period March 1, 2006 to December 31, 2006 · start: 2006-03-01 · approval: quote: I verily believe that the fees and disbursements incurred by MBM were fair and reasonable in the circumstances. · state: sought · averages: · currency: · invoices: tax: 1837.95 · date: 2006-07-31 · fees: 30632.5 · quote: 876119 | 07/31/06 | 03/01/06-04/28/06 | $30,632.50 | $0.00 | $1,837.95 | $32,470.45 · total: 32470.45 · period end: 2006-04-28 · period start: 2006-03-01 · disbursements: 0; tax: 13176.45 · date: 2006-07-31 · fees: 210326 · quote: 882628 | 07/31/06 | 03/01/06-04/28/06 | $210,326.00 | $9,539.24 | $13,176.45 | $233,041.69 · total: 233041.69 · period end: 2006-04-28 · period start: 2006-03-01 · disbursements: 9539.24; tax: 2235.4 · date: 2006-10-31 · fees: 37244 · quote: 880211 | 10/31/06 | 05/01/06-08/30/06 | $37,244.00 | $12.65 | $2,235.40 | $39,492.05 · total: 39492.05 · period end: 2006-08-30 · period start: 2006-05-01 · disbursements: 12.65; tax: 16193.3 · date: 2006-10-31 · fees: 258522 · quote: 880432 | 10/31/06 | 05/01/06-08/31/06 | $258,522.00 | $13,865.53 | $16,193.30 | $288,580.83 · total: 288580.83 · period end: 2006-08-31 · period start: 2006-05-01 · disbursements: 13865.53; tax: 17545.28 · date: 2007-02-16 · fees: 282894.5 · quote: 886601 | 02/16/07 | 09/01/06-12/31/06 | $282,894.50 | $9,771.35 | $17,545.28 | $310,211.13 · total: 310211.13 · period end: 2006-12-31 · period start: 2006-09-01 · disbursements: 9771.35; tax: 1477.15 · date: 2007-02-16 · fees: 24614.5 · quote: 886459 | 02/16/07 | 09/01/03-12/31/06 | $24,614.50 | $4.65 | $1,477.15 | $26,096.30 · total: 26096.3 · period end: 2006-12-31 · disbursements: 4.65 · firm text: McMillan Binch Mendelsohn LLP · firm quote: SUMMARY OF McMILLAN BINCH MENDELSOHN LLP PROFESSIONAL FEES AND HOURS · hours total: quote: TOTAL | 1830.20¹ | | $844,233.50 · value: 1830.2 · context quote: For the period of March 1, 2oo61º to December 31, 2006, the MBM Accounts total $844,233.-50 in professional fees, $33,193.42 in disbursements and $52,465-53 in GST, for a total amount of $929,892.45.