Ontario · CCAA
Motion Record of the Urbancorp Entities dated August 20, 2025
Application / notice of application · 20 August 2025
What we verified from this filing2 verified
- fee scheduleengagements: form: report_table · rows: · money: approximate: false · period: end: 2025-07-31 · kind: invoice · label: the Period · quote: For the Period from January 1, 2025 to July 31, 2025 · start: 2025-01-01 · approval: state: unstated · averages: rate: 705.71 · quote: the Monitor's average hourly rate for the Period was $705.71 · currency: · invoices: · firm text: KSV Kofman Inc. · firm quote: Lawyers for KSV Kofman Inc., in its capacity as Monitor · context quote: in its capacity as Monitor; form: time_summary · rows: · money: approximate: false · period: end: 2025-06-30 · kind: interim · label: the Period · quote: for the period from January 1, 2025 to June 30, 2025 (the " Period ") · start: 2025-01-01 · approval: quote: seeking, among other things, approval of the fees and disbursements of Davies · state: sought · averages: rate: 747 · quote: Average Blended Hourly Rate (rounded to the nearest dollar) $747.00 · scope: rounded to the nearest dollar · currency: · invoices: · firm text: Davies · firm quote: approval of the fees and disbursements of Davies for the period from January 1, 2025 to June 30, 2025 · context quote: seeking, among other things, approval of the fees and disbursements of Davies for the period from January 1, 2025 to June 30, 2025; form: time_summary · rows: · money: approximate: false · period: end: 2025-01-31 · kind: invoice · label: Billing Period · quote: during the period ending from January 31, 2025 (the ' Billing Period ') · approval: state: unstated · averages: rate: 635.83 · quote: resulting in an average hourly rate of $635.83 (exclusive of applicable taxes) · currency: · invoices: · firm text: DLA · firm quote: the Statement of Account of DLA in respect of services rendered to the Urbancorp CCAA Entities during the period ending from January 31, 2025 · hours total: quote: 6 hours were billed by DLA personnel during the Billing Period · value: 6 · context quote: services rendered to the Urbancorp CCAA Entities during the period ending from January 31, 2025 (the ' Billing Period ')
- recovery outcomeentries: basis: actual · quote: On May 28, 2025, the Trustee paid an interim dividend totaling $1.5 million 1 (the ' Interim Dividend ') to UMI's unsecured creditors. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: trustee · amount low: 1500000 · cumulative: false · amount high: 1500000 · class label: UMI's unsecured creditors · interim final: interim · claims qualifier: unstated; basis: unstated · quote: Accordingly, UMI's Promissory Note claim against UTMI will have a NIL recovery. · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: UMI's Promissory Note claim against UTMI · creditor name: UMI · interim final: unstated · claims qualifier: unstated · stated on: 2025-08-20 · table missing: