Ontario · Receivership (court-appointed)
Motion Record of the Receiver returnable November 18, 2024
Application / notice of application · 18 November 2024
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What we verified from this filing9 verified
- applicantFIRM CAPITAL MORTGAGE FUND INC.
- courtONTARIO SUPERIOR COURT OF JUSTICE (COMMERCIAL LIST)
- court file noCV-23-00700356-00CL
- statutory basisSection 101 of the Courts of Justice Act, R.S.O. 1990 c.C.43, as amended, and in the matter of Section 243(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended
- commencement date15 June 2023
- appointeeTDB RESTRUCTURING LIMITED
- appointee rolereceiver and manager
- fee scheduleengagements: form: prose · rows: · money: tax: label: HST · quote: plus HST in the amount of $7,801.96 · amount: 7801.96 · fees: quote: the fees of the Receiver for the period from August 1, 2023 to September 30, 2024 in the amount of $60,015.00 · amount: 60015 · total: quote: for the total amount of $67,816.96 · amount: 67816.96 · includes tax: true · approximate: false · period: end: 2024-09-30 · kind: interim · quote: for the period from August 1, 2023 to September 30, 2024 · start: 2023-08-01 · approval: quote: THIS COURT ORDERS that the fees of the Receiver for the period from August 1, 2023 to September 30, 2024 in the amount of $60,015.00 plus HST in the amount of $7,801.96, for the total amount of $67,816.96, as set out in the Affidavit of Jeffrey Berger sworn November 7, 2024 · state: approved · averages: rate: 435.68 · quote: The average hourly rate charged during the Period was $435.68. · currency: · invoices: · firm text: TDB Restructuring Limited · firm quote: Lawyers for the Court-appointed Receiver, TDB Restructuring Limited · context quote: the fees of the Receiver for the period from August 1, 2023 to September 30, 2024 in the amount of $60,015.00 plus HST in the amount of $7,801.96, for the total amount of $67,816.96; form: prose · rows: · money: tax: label: HST · quote: HST in the amount of $2,045.33 · amount: 2045.33 · fees: quote: in the amount of $15,275.00 · amount: 15275 · total: quote: for the total amount of $17,778.60 · amount: 17778.6 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: plus disbursements in the amount of $458.27 · amount: 458.27 · period: end: 2024-09-30 · kind: interim · quote: for the period from August 1, 2023 to September 30, 2024 · start: 2023-08-01 · approval: quote: THIS COURT ORDERS that the fees and disbursements of Thornton Grout Finnigan LLP ('TGF'), counsel to the Receiver, for the period from August 1, 2023 to September 30, 2024 in the amount of $15,275.00 plus disbursements in the amount of $458.27 and HST in the amount of $2,045.33, for the total amount of $17,778.60, as set out in the affidavit of Rudrakshi Chakrabarti sw · state: unstated · averages: · currency: · invoices: · firm text: Thornton Grout Finnigan LLP · firm quote: the fees and disbursements of Thornton Grout Finnigan LLP ('TGF'), counsel to the Receiver · context quote: counsel to the Receiver, for the period from August 1, 2023 to September 30, 2024 in the amount of $15,275.00 plus disbursements in the amount of $458.27 and HST in the amount of $2,045.33 · firm unverified: true; form: prose · rows: · money: tax: label: HST · quote: HST in the amount of $7,194.44 · amount: 7194.44 · fees: quote: in the amount of $54,714.90 · amount: 54714.9 · total: quote: for the total amount of $62,536.20 · amount: 62536.2 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: plus disbursements in the amount of $626.86 · amount: 626.86 · period: end: 2024-11-07 · kind: interim · quote: for the period from August 1, 2023 to November 7, 2024 · start: 2023-08-01 · approval: quote: THIS COURT ORDERS that the fees and disbursements of Fogler, Rubinoff LLP ('Fogler'), real estate counsel to the Receiver, for the period from August 1, 2023 to November 7, 2024 in the amount of $54,714.90 plus disbursements in the amount of $626.86 and HST in the amount of $7,194.44 for the total amount of $62,536.20, as set out in the affidavit of Joseph Fried sworn Novemb · state: unstated · averages: · currency: · invoices: · firm text: Fogler, Rubinoff LLP · firm quote: the fees and disbursements of Fogler, Rubinoff LLP ('Fogler'), real estate counsel to the Receiver · context quote: real estate counsel to the Receiver, for the period from August 1, 2023 to November 7, 2024 in the amount of $54,714.90 plus disbursements in the amount of $626.86 and HST in the amount of $7,194.44 · firm unverified: true
- recovery outcomeentries: basis: unstated · quote: Accordingly, there will be no funds available for distribution to other creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: receiver · class label: other creditors · interim final: unstated · claims qualifier: unstated · stated on: 2024-11-11 · table missing: