Ontario · Receivership (court-appointed)
Motion Record of the Receiver dated May 7, 2025
Application / notice of application · 7 May 2025
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What we verified from this filing2 verified
- fee scheduleengagements: form: report_table · rows: · money: approximate: false · period: end: 2025-04-30 · kind: cumulative · quote: Copies and Summary of Invoices for the period from July 24, 2023 to April 30, 2025 · start: 2023-07-24 · approval: state: unstated · averages: rate: 564.66 · quote: at an average hourly rate of $564.66 · currency: · invoices: · firm text: KPMG Inc. · firm quote: KPMG Inc. (' KPMG '), in its capacity as Court-appointed receiver and manager · hours total: quote: the Receiver expended a total of 975.8 hours at an average hourly rate of $564.66 · value: 975.8 · context quote: in its capacity as Court-appointed receiver and manager (in such capacity, the ' Receiver '); form: report_table · rows: · money: approximate: false · period: end: 2025-04-30 · kind: cumulative · quote: Copies and Summary of Invoices for the period from July 24, 2023 to April 30, 2025 · start: 2023-07-24 · approval: state: unstated · averages: rate: 692.94 · quote: at an average hourly rate of $692.94. · currency: · invoices: · firm text: Blakes · firm quote: Blakes expended a total of 79.2 hours at an average hourly rate of $692.94. · hours total: quote: Blakes expended a total of 79.2 hours at an average hourly rate of $692.94. · value: 79.2 · context unverified: true
- recovery outcomeentries: basis: unstated · quote: The Receiver intends to make an interim distribution of $3.34 million to the Applicant (the ' Interim Distribution ') from the funds it is holding. · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · amount low: 3340000 · cumulative: false · amount high: 3340000 · class label: HSBC Bank Canada · creditor name: HSBC Bank Canada · interim final: interim · claims qualifier: unstated · stated on: 2025-05-07 · table missing: