Alberta · Receivership (court-appointed)
Second Report of the Receiver of LREIT 34 (October 28, 2019)
Court officer report · 28 October 2019
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What we verified from this filing2 verified
- fee scheduleengagements: form: invoice_listing · rows: · money: tax: label: GST · quote: 18,567.07 $ · amount: 18567.07 · fees: quote: 361,785.00 $ · amount: 361785 · total: quote: 389,908.40 $ · amount: 389908.4 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: 9,556.33 $ · amount: 9556.33 · period: end: 2019-09-30 · kind: cumulative · label: 2019 Billings · quote: Summary of Receiver's Fees and Disbursements ("2019 Billings") February 28, 2019 to September 30, 2019 · start: 2019-02-28 · approval: quote: Invoices subject to Court Approval · state: sought · averages: · currency: · invoices: tax: 8135.1 · fees: 161782.5 · quote: LREIT - 1 | February 28, 2019 to March 31, 2019 | 161,782.50 | 919.54 | 162,702.04 | 8,135.10 | 170,837.14 · total: 170837.14 · period end: 2019-03-31 · period start: 2019-02-28 · disbursements: 919.54; tax: 6731.91 · fees: 126140 · quote: LREIT - 2 | April 1, 2019 to June 30, 2019 | 126,140.00 | 8,498.17 | 134,638.17 | 6,731.91 | 141,370.08 · total: 141370.08 · period end: 2019-06-30 · period start: 2019-04-01 · disbursements: 8498.17; tax: 2571.93 · fees: 51300 · quote: LREIT - 3 | July 1, 2019 to August 31, 2019 | 51,300.00 | 138.62 | 51,438.62 | 2,571.93 | 54,010.55 · total: 54010.55 · period end: 2019-08-31 · period start: 2019-07-01 · disbursements: 138.62; tax: 1128.13 · fees: 22562.5 · quote: LREIT - 4 | September 1, 2019 to September 30, 2019 | 22,562.50 | 0.00 | 22,562.50 | 1,128.13 | 23,690.63 · total: 23690.63 · period end: 2019-09-30 · period start: 2019-09-01 · disbursements: 0 · firm text: Alvarez & Marsal Canada Inc. · firm quote: ALVAREZ & MARSAL CANADA INC., in its capacity as the court-appointed Receiver of the LREIT Holdings 34 Corporation., and not in its personal or corporate capacity · context quote: ALVAREZ & MARSAL CANADA INC., in its capacity as the court-appointed Receiver of the LREIT Holdings 34 Corporation., and not in its personal or corporate capacity; form: invoice_listing · rows: · money: tax: label: GST · quote: 8,031.19 $ · amount: 8031.19 · fees: quote: 155,468.05 $ · amount: 155468.05 · total: quote: 168,654.91 $ · amount: 168654.91 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: 5,155.67 $ · amount: 5155.67 · period: end: 2019-09-30 · kind: cumulative · label: 2019 Billings · quote: Feburary 28, 2019 to September 30, 2019 Summary of the Receiver's counsel (BDP) Fees and Disbursements ("2019 Billings") · start: 2019-02-28 · approval: quote: Invoices subject to Court Approval · state: sought · averages: · currency: · invoices: tax: 6386.81 · fees: 122848.3 · quote: 203442724 | February 28, 2019 to June 30, 2019 | 122,848.30 | 4,887.92 | 127,736.22 | 6,386.81 | 134,123.03 · total: 134123.03 · period end: 2019-06-30 · period start: 2019-02-28 · disbursements: 4887.92; tax: 344.64 · fees: 6892.75 · quote: 203443523 | July 1, 2019 to July 31, 2019 | 6,892.75 | 0.00 | 6,892.75 | 344.64 | 7,237.39 · total: 7237.39 · period end: 2019-07-31 · period start: 2019-07-01 · disbursements: 0; tax: 1299.74 · fees: 25727 · quote: 203445213 | August 1, 2019 to September 30, 2019 | 25,727.00 | 267.75 | 25,994.75 | 1,299.74 | 27,294.49 · total: 27294.49 · period end: 2019-09-30 · period start: 2019-08-01 · disbursements: 267.75 · firm text: Burnet, Duckworth & Palmer LLP · firm quote: Summary of the Receiver's counsel (BDP) Fees and Disbursements ("2019 Billings") · context quote: BURNET, DUCKWORTH & PALMER LLP Suite 2400, 525-8th Ave SW
- recovery outcomeentries: basis: estimated · quote: As such, it is expected that Connect First will suffer a shortfall and is considered the fulcrum creditor of the estate. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: Connect First · creditor name: Connect First Credit Union · interim final: unstated · claims qualifier: unstated · stated on: 2019-10-28 · table missing: