Ontario · Receivership (court-appointed)
Motion Record of the Receiver
Application / notice of application · 10 November 2023
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What we verified from this filing2 verified
- fee scheduleengagements: form: invoice_listing · rows: · money: approximate: false · period: end: 2023-10-26 · kind: cumulative · quote: for the period commencing April 28, 2023 through to October 26, 2023 · start: 2023-04-28 · approval: state: unstated · averages: rate: 553.44 · quote: The average hourly rate in respect of the account is $553.44. · currency: · invoices: · firm text: Minden Gross LLP · firm quote: MINDEN GROSS LLP · context quote: Attached hereto as Exhibit 'A' is a true copy of each account issued by Minden Gross for the period commencing April 28, 2023 through to October 26, 2023, with respect to the fees and disbursements incurred by Minden Gross.
- recovery outcomeentries: basis: estimated · quote: the secured debt of the first mortgagee, 923944 Ontario Ltd. (' 923 Corp '), will be repaid in full and 923 Corp supports completion of the contemplated transaction; and · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: receiver · class label: 923944 Ontario Ltd. (first mortgagee) · creditor name: 923944 Ontario Ltd. · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: Canadian Imperial Bank of Commerce (' CIBC '), the second position mortgagee, will likely suffer a shortfall on its security and CIBC supports completion of the contemplated transaction. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: Canadian Imperial Bank of Commerce (second position mortgagee) · creditor name: Canadian Imperial Bank of Commerce · interim final: unstated · claims qualifier: unstated · table missing: