Ontario · NOI
Second Report of the Proposal Trustee
Court officer report · 30 April 2025
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 filing7 verified · 2 withheld
- fee scheduleengagements: form: prose · rows: · money: total: quote: An account dated April 14, 2025 in the amount of $33,535.01 · amount: 33535.01 · approximate: false · period: end: 2025-03-26 · kind: invoice · quote: in respect of the period from March 3, 2025 to March 26, 2025 · start: 2025-03-03 · approval: state: unstated · averages: · currency: · invoices: · firm text: Pallett Valo LLP · firm quote: Pallett Valo LLP (' PV ') has acted, and continues to act, as lawyers for B. Riley Farber Inc., in its capacity as Proposal Trustee of Kroeger Inc. · capacity text: lawyers for B. Riley Farber Inc. · context quote: An account dated April 14, 2025 in the amount of $33,535.01, in respect of the period from March 3, 2025 to March 26, 2025; and; form: prose · rows: · money: total: quote: An account dated April 23, 2025 in the amount of $6,273.20 · amount: 6273.2 · approximate: false · period: end: 2025-04-23 · kind: invoice · quote: in respect of the period from March 27, 2025 to April 23, 2025 · start: 2025-03-27 · approval: state: unstated · averages: · currency: · invoices: · firm text: Pallett Valo LLP · firm quote: Pallett Valo LLP (' PV ') has acted, and continues to act, as lawyers for B. Riley Farber Inc., in its capacity as Proposal Trustee of Kroeger Inc. · capacity text: lawyers for B. Riley Farber Inc. · context quote: An account dated April 23, 2025 in the amount of $6,273.20, in respect of the period from March 27, 2025 to April 23, 2025.; form: prose · rows: · money: approximate: false · period: kind: unstated · approval: state: unstated · averages: rate: 567.5 · quote: The average hourly rate of PV's lawyers and clerks working on this matter is $567.50. · scope: PV's lawyers and clerks · currency: · invoices: · firm text: PV · firm quote: The average hourly rate of PV's lawyers and clerks working on this matter is $567.50. · context quote: The average hourly rate of PV's lawyers and clerks working on this matter is $567.50.; form: prose · rows: · money: approximate: false · period: kind: unstated · approval: state: unstated · averages: rate: 594.14 · quote: Average hourly rate | col12: $594.14 · currency: · invoices: · firm text: B. RILEY FARBER INC. · firm quote: SECOND REPORT OF B. RILEY FARBER INC., IN ITS CAPACITY AS PROPOSAL TRUSTEE · capacity text: PROPOSAL TRUSTEE · context quote: Second Report of the Proposal Trustee — p.133 | Average hourly rate | col12: $594.14
- professional feesnote: Excludes HST separately stated ($12,977.04); also includes Pallett Valo fees of $39,808.21 (fees $35,207.00 plus disbursements $21.50 plus HST $4,579.71) for period March 3, 2025 to April 23, 2025 · party: Proposal Trustee (B. Riley Farber Inc.) · amount: 112852.8 · period: January 28, 2025 to April 23, 2025 · currency: CAD
- purchaserGenco International Ltd.
- receipts cumulativenote: Approximate net receipts, representing a cumulative favourable variance of $198,758 versus forecast · since: March 4, 2025 (seven-week period to April 21, 2025) · amount: 635371 · currency: CAD
- report noSecond Report
- sale outcometext: The Company seeks Court approval of the Approval and Vesting Order approving the Transaction with the Stalking Horse Purchaser · scope: whole_business · status: pending_approval
- stalking horse1001166783 Ontario Ltd. (1600000)
2 extracted values are withheld: either a trap-shaped field where models produce confident wrong numbers, or an identity value whose quotation could not be found in the document. Withheld values are shown to no one.