Ontario · CCAA
Stay Extension Motion of Bay Entities returnable January 24, 2018
Application / notice of application · 24 January 2018
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What we verified from this filing2 verified
- fee scheduleengagements: form: rate_chart · rows: James Doris · money: approximate: false · period: end: 2017-12-31 · kind: interim · label: the Period · quote: for the period from October 1, 2017 to December 31, 2017 (the "Period") · start: 2017-10-01 · approval: quote: seeking, among other things, approval of the fees and disbursements of Davies · state: sought · averages: rate: 858.09 · quote: Blended Hourly Rate $858.09 · currency: · invoices: · firm text: Davies · firm quote: approval of the fees and disbursements of Davies for the period from October 1, 2017 to December 31, 2017 · context quote: it is sworn in support of a motion to be made in these proceedings seeking, among other things, approval of the fees and disbursements of Davies for the period from October 1, 2017 to December 31, 2017 (the "Period").; form: report_table · rows: · money: · period: end: 2017-12-31 · kind: interim · label: the Period · quote: For the Period from October 1, 2017 to December 31, 2017 · start: 2017-10-01 · approval: state: unstated · averages: rate: 463.26 · quote: the Monitor's average hourly rate for the Period was $463.26; rate: 518.08 · quote: the Monitor's average hourly rate for the Period was $518.08 · currency: · invoices: · firm text: KSV Kofman Inc. · firm quote: KSV Kofman Inc. (the "Monitor"), in its capacity as Court-appointed Monitor · context quote: approving the twelfth report of KSV Kofman Inc. (the "Monitor"), in its capacity as Court-appointed Monitor, dated January 18, 2018 and the Monitor's activities described therein (the "Twelfth Report")
- recovery outcomeentries: basis: actual · quote: On June 27, 2017, the Court made an order authorizing and directing the Monitor to pay in full the amounts owing to creditors with admitted claims against the Cumberland Entities, other than UCI, which received a partial distribution. · pct of: unstated · outcome: paid_in_full · class key: unsecured · stated by: monitor · class label: creditors with admitted claims against the Cumberland Entities, other than UCI · interim final: unstated · related party: false · claims qualifier: unstated; basis: actual · quote: On November 22, 2017, the Court made an order authorizing and directing the Monitor to make a further distribution to UCI in the amount of $750,000. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: monitor · amount low: 750000 · amount high: 750000 · class label: UCI (Shareholder Loans) · creditor name: UCI · interim final: unstated · related party: true · claims qualifier: unstated; basis: actual · quote: Since the remaining admitted unsecured claims were relatively insignificant, the Foreign Representative subordinated repayment of the Shareholder Loans to all currently admitted claims against the Cumberland Entities (but not to any currently disputed claims) such that all currently admitted claims have been repaid in full. · pct of: unstated · outcome: paid_in_full · class key: unsecured · stated by: monitor · class label: currently admitted claims against the Cumberland Entities · interim final: unstated · claims qualifier: unstated; basis: actual · quote: On June 27, 2017, the Court made an order authorizing and directing the Monitor to pay a 33% dividend to creditors with admitted claims against the Bay CCAA Entities. · pct of: unstated · outcome: distribution · pct low: 33 · pct high: 33 · class key: unsecured · stated by: monitor · class label: creditors with admitted claims against the Bay CCAA Entities · interim final: unstated · claims qualifier: unstated; basis: actual · quote: On November 30, 2017, the Court made an order authorizing and directing the Monitor to pay in full all admitted claims, other than intercompany claims. · pct of: unstated · outcome: paid_in_full · class key: unsecured · stated by: monitor · class label: admitted claims, other than intercompany claims (Bay Entities) · interim final: unstated · related party: false · claims qualifier: unstated · table missing: