British Columbia · Receivership (court-appointed)
Receiver's 7th Report to the Court
Court officer report · 27 May 2025
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 filing5 verified
- cash on handnote: Held in the Receiver's operating trust account; stated to be fully committed to outstanding accounts payable and financial commitments related to FY26 work projects. · as at: 2025-04-30 · amount: 6027421 · currency: CAD
- operational summaryThe Receiver continues de-risking, decommissioning and stabilizing the Mill Site, with FY26 work centred on constructing a lower-slope buttress to enable closure of the Main Landfill, plus ongoing water treatment, environmental monitoring and surface water management. The receivership is expected to conclude only after Main Landfill closure and assessment of the site's future use.
- professional feesnote: Comprises fees of $3,819,915.00 (approx. 9,707 hours), disbursements of $128,115.82 and taxes of $197,401.58. Fasken Martineau DuMoulin LLP (Receiver's counsel) separately invoiced a total of $284,289.02 (fees $252,804.13 over approx. 449 hours, disbursements $1,087.51, taxes $30,397.38) for the same Fee Period. · party: PricewaterhouseCoopers Inc. (Receiver) · amount: 4145432.4 · period: May 1, 2024 to April 30, 2025 · currency: CAD
- report date27 May 2025
- report noSeventh Report