Ontario · CCAA
Second Report of the Trustee dated July 15, 2026
Court officer report · 15 July 2026
What we verified from this filing2 verified
- fee scheduleengagements: form: invoice_listing · rows: · money: · period: end: 2026-02-28 · kind: invoice · quote: for the period from August 1, 2025 to February 28, 2026 · start: 2025-08-01 · approval: state: unstated · averages: · currency: · invoices: · firm text: AlixPartners Restructuring, Inc. · firm quote: AlixPartners Restructuring, Inc. · context quote: Second Report of AlixPartners Restructuring, Inc. (formerly KSV Restructuring Inc.) in its capacity as Trustee in Bankruptcy of the Estate of SKD Company; form: time_summary · rows: Bobby Kofman; Robert Harlang; fees: 717.5 · hours: 2.65 · quote: Other Staff and administration | 200-285 | 2.65 | 717.50 · rate max: 285 · rate min: 200 · row kind: bucket · rate kind: range · name as stated: Other Staff and administration · money: tax: label: HST · quote: HST | 1,707.8 8 · amount: 1707.88 · fees: quote: Total fees per attached summary | $ 13,137.5 0 · amount: 13137.5 · total: quote: Total due | $ 14,8 4 5. 38 · amount: 14845.38 · includes tax: true · approximate: false · period: end: 2026-03-31 · kind: invoice · quote: For the Period March 1, 2026 to March 31, 2026 · start: 2026-03-01 · approval: state: unstated · averages: · currency: · invoices: · firm text: ksv advisory inc. · firm quote: ksv advisory inc. · hours total: quote: Total fees | | 17.55 | 13,137.50 · value: 17.55 · context quote: To professional services rendered as Trustee of the Estate of SKD Company, a bankrupt, for the period from March 1, 2026 to March 31, 2026, including:; form: time_summary · rows: Bobby Kofman; Robert Harlang; fees: 1032.5 · hours: 3.8 · quote: Other Staff and administration | 200-285 | 3.80 | 1,032.50 · rate max: 285 · rate min: 200 · row kind: bucket · rate kind: range · name as stated: Other Staff and administration · money: tax: label: HST · quote: HST | 1,938.63 · amount: 1938.63 · fees: quote: Total fees per attached summary | $ 14,912.50 · amount: 14912.5 · total: quote: Total due | $ 16,851.13 · amount: 16851.13 · includes tax: true · approximate: false · period: end: 2026-04-30 · kind: invoice · quote: For the Period April 1, 2026 to April 30, 2026 · start: 2026-04-01 · approval: state: unstated · averages: · currency: · invoices: · firm text: ksv advisory inc. · firm quote: ksv advisory inc. · hours total: quote: Total fees | | 20.40 | 14,912.50 · value: 20.4 · context quote: To professional services rendered as Trustee of the Estate of SKD Company, a bankrupt, for the period from April 1, 2026 to April 30, 2026, including:; form: invoice_listing · rows: · money: tax: label: Taxes · quote: $10,724.03 · amount: 10724.03 · fees: quote: TOTAL | $82,492.50 · amount: 82492.5 · total: quote: $93,216.53 · amount: 93216.53 · includes tax: true · includes disbursements: false · approximate: false · period: end: 2026-04-30 · kind: cumulative · quote: December 5, 2023 to April 30, 2026 · start: 2023-12-05 · approval: state: unstated · averages: · currency: · invoices: · firm text: Goodmans LLP · firm quote: Summary of Goodmans LLP Accounts for the Period · context quote: As shown in the summary, Goodmans billed a total of 89.90 hours in connection with this matter during the Period, at an average hourly rate of $917.60.; form: time_summary · rows: L. Joseph Latham; Brian Sweigman; Trish Barrett; hours: 89.9 · quote: Total Hours | Total Hours | Total Hours | Total Hours | 89.90 · row kind: subtotal · rate kind: standard · name as stated: Total Hours · money: · period: end: 2026-04-30 · kind: cumulative · quote: December 5, 2023 to April 30, 2026 · start: 2023-12-05 · approval: state: unstated · averages: rate: 917.6 · quote: Average Hourly Rate ($ Fees Billed/Hours Billed | $917.60 · currency: · invoices: · firm text: Goodmans LLP · firm quote: Summary of Activity by Goodmans LLP Professionals · hours total: quote: Total Hours | Total Hours | Total Hours | Total Hours | 89.90 · value: 89.9 · context quote: As shown in the summary, Goodmans billed a total of 89.90 hours in connection with this matter during the Period, at an average hourly rate of $917.60.
- recovery outcomeentries: basis: actual · quote: In light of the fact that the Unsecured Creditors of the Company received only approximately 18.6% of their proven claims, and that there continues to be approximately $40 million in unpaid Unsecured Creditor claims, KSV believes that it is appropriate to pursue the recovery of the Surplus, or as much of it as possible, and to then make a further distribution to the Unsecured Creditors (net of the costs incurred to do so). · pct of: proven_claims · outcome: distribution · pct low: 18.6 · pct high: 18.6 · class key: unsecured · stated by: trustee · class label: Unsecured Creditors · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: As set out on Appendix 'H-1' of this Report, the amount available for distribution to the Unsecured Creditors is $1,043,525, which will provide an Additional Dividend of approximately 2.02% to the Unsecured Creditors on account of their proven claims. · pct of: proven_claims · outcome: distribution · pct low: 2.02 · pct high: 2.02 · class key: unsecured · stated by: trustee · amount low: 1043525 · cumulative: false · amount high: 1043525 · class label: Unsecured Creditors · interim final: unstated · claims qualifier: unstated · stated on: 2026-07-15 · table missing: