Ontario · Receivership (court-appointed)
Seventh Report of the Receiver dated October 10, 2017
Court officer report · 10 October 2017
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 filing10 verified · 1 withheld
- cash on handnote: Referred to as 'Cash on Hand' - excess of receipts over disbursements per the Interim Statement of Receipts and Disbursements. · as at: 2017-09-26 · amount: 33716 · currency: CAD
- closing confirmedscope: the Residential Property · outcome: completed · date basis: unstated; scope: 24th Street property · outcome: completed · date basis: unstated
- disbursementsnote: Per the Receiver's Interim Statement of Receipts and Disbursements for the period June 20, 2014 to September 26, 2017. · since: June 20, 2014 (Receiver's appointment) · amount: 598396 · currency: CAD
- fee scheduleengagements: form: time_summary · rows: Daniel R. Weisz; Brenda Wong; fees: 423.5 · rate: 110 · hours: 3.85 · quote: Cindy Baeta/Donna Nishimura | Estate Administrator | 3.85 | $ 110 | 423.50 · title: Estate Administrator · row kind: bucket · rate kind: standard · name as stated: Cindy Baeta/Donna Nishimura; fees: 11985.5 · hours: 27.45 · quote: Total hours and professional fees | | 27.45 | | $ 11,985.50 · row kind: subtotal · rate kind: standard · name as stated: Total hours and professional fees · money: tax: label: HST @ 13% · quote: HST @ 13% | | | | 1,558.12 · amount: 1558.12 · fees: quote: Total hours and professional fees | 27.45 | | $ 11,985.50 · amount: 11985.5 · total: quote: Total payable | | | | $ 13,543.62 · amount: 13543.62 · includes tax: true · approximate: false · period: end: 2017-09-26 · kind: invoice · quote: for the period March 19, 2016 to September 26, 2017. · start: 2016-03-19 · approval: quote: seek an order approving the fees and disbursements of the Receiver and of its legal counsel, Gowling WLG (Canada) LLP · state: sought · averages: rate: 436.63 · quote: The average hourly rate charged per the Invoice is $436.63. · scope: per the Invoice · currency: · invoices: · firm text: Collins Barrow Toronto Limited · firm quote: Courtappointed Receiver of Branch 1-7 of The Polish Alliance of Canada and Polish Association of Toronto Limited (the "Receiver") for the period March 19, 2016 to September 26, 2017. · hours total: quote: Total hours and professional fees | 27.45 | | $ 11,985.50 · value: 27.45 · context quote: COLLINS BARROW TORONTO LIMITED in its capacity as Court-Appointed Receiver and Manager of Branch 1-7 of The Polish Alliance of Canada and Polish Association of Toronto, Limited and not in its personal capacity; form: prose · rows: · money: tax: label: HST · quote: total $2,080.00 in fees and $270.40 in HST for a total of $2,350.40 · amount: 270.4 · fees: quote: total $2,080.00 in fees and $270.40 in HST for a total of $2,350.40 · amount: 2080 · total: quote: total $2,080.00 in fees and $270.40 in HST for a total of $2,350.40 (the "Gowlings Accounts") · amount: 2350.4 · includes tax: true · approximate: false · period: end: 2017-09-19 · kind: invoice · quote: for the period ending September 19, 2017. · approval: quote: seek an order approving the fees and disbursements of the Receiver and of its legal counsel, Gowling WLG (Canada) LLP · state: sought · averages: · currency: · invoices: · firm text: Gowling WLG (Canada) LLP · firm quote: seek an order approving the fees and disbursements of the Receiver and of its legal counsel, Gowling WLG (Canada) LLP ("Gowlings") for the period ending September 26, 2017 and September 19, 2017, respectively, and estimated to completion, and authorizing and directing the Receiver to pay those accounts from the Retainer (as defined later herei · context quote: The accounts of the Receiver's counsel, Gowlings, total $2,080.00 in fees and $270.40 in HST for a total of $2,350.40 (the "Gowlings Accounts") for the period ending September 19, 2017.
- operational summaryThe Receiver has completed its mandate over the Branch and PATL, having sold the Residential Property, and now seeks approval of its prior reports, payment of remaining cash and retainer balances, and its discharge as Receiver.
- professional feesnote: Includes HST of $1,558.12; Receiver's counsel Gowlings' accounts for period ending September 19, 2017 totaled $2,350.40 (fees $2,080.00 plus HST $270.40), separately stated. · party: Receiver (Collins Barrow Toronto Limited) · amount: 13543.62 · period: March 19, 2016 to September 26, 2017 · currency: CAD
- receipts cumulativenote: Per the Receiver's Interim Statement of Receipts and Disbursements for the period June 20, 2014 to September 26, 2017. · since: June 20, 2014 (Receiver's appointment) · amount: 632113 · currency: CAD
- report date10 October 2017
- report noSeventh Report
- sale outcometext: The Residential Property has been sold by the Receiver · scope: parcel · status: closed
1 extracted value is 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.