What we verified from this filing8 verified
- report date24 July 2025
- report noThird Report
- professional feesamount: 467564.96 · currency: CAD
- operational summaryThe Company, with the assistance of the Monitor, has successfully completed the Transaction and has discharged all post-filing obligations.
- receipts cumulativeamount: 8975814 · currency: CAD
- cash on handamount: 635138 · currency: CAD
- fee scheduleengagements: form: prose · rows: · money: approximate: false · period: kind: unstated · approval: state: unstated · averages: rate: 455.42 · quote: at an average hourly rate of approximately $455.42 · currency: · invoices: · firm text: Ernst & Young Inc. · firm quote: appointed Ernst & Young Inc. as monitor (the ' Monitor ') · hours total: quote: billings for 1,013.7 professional hours · value: 1013.7 · context quote: This amount includes billings for 1,013.7 professional hours at an average hourly rate of approximately $455.42.; form: prose · rows: · money: fees: quote: Stikeman Elliott incurred legal fees in the amount of $204,568.00 (exclusive of HST) · amount: 204568 · approximate: false · disbursements: quote: disbursements and other charges in the amount of $7,979.77 (exclusive of HST) · amount: 7979.77 · period: end: 2025-04-29 · kind: invoice · quote: the period from August 26, 2024, to April 29, 2025 · start: 2024-08-26 · approval: state: unstated · averages: rate: 780.56 · quote: at an average hourly rate of approximately $780.56 per hour · currency: · invoices: · firm text: Stikeman Elliott LLP · firm quote: invoices from Stikeman Elloitt LLP for professional services rendered by legal counsel acting on behalf of the Trustee and Monitor · hours total: quote: The total time in the invoices is 262.08 hours · value: 262.08 · context quote: The following table summarizes Stikeman Elliott's accounts the period from August 26, 2024, to April 29, 2025:
- recovery outcomeentries: basis: actual · quote: In accordance with the Amended Distribution Order, immediately following the closing of the Transaction, the Company arranged for distributions of $2,276,150.21 to be paid to Roynat, representing 100% of the secured debt payable to Roynat. · pct of: unstated · outcome: paid_in_full · pct low: 100 · pct high: 100 · class key: secured · stated by: monitor · amount low: 2276150.21 · amount high: 2276150.21 · class label: Roynat · creditor name: Roynat · interim final: unstated · claims qualifier: unstated; basis: actual · quote: In addition, the Company paid $4,785,316.00 to CIBC from available funds on hand, representing a partial payment against CIBC's total secured indebtedness of $11,286,262.33. · pct of: unstated · outcome: distribution · class key: secured · stated by: monitor · amount low: 4785316 · amount high: 4785316 · class label: CIBC · claims amount: 11286262.33 · creditor name: CIBC · interim final: unstated · claims qualifier: unstated · stated on: 2025-07-24 · table missing: