Ontario · Receivership (court-appointed)
Fourth Report of the Receiver dated October 22, 2021
Court officer report · 22 October 2021
A plain-language read of this filing opens with a subscription.
What we verified from this filing2 verified
- fee scheduleengagements: form: invoice_listing · rows: · money: tax: label: HST · quote: $1,676.92 · amount: 1676.92 · fees: quote: $ 12,886.50 · amount: 12886.5 · total: quote: $14,576.28 · amount: 14576.28 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: $12.86 · amount: 12.86 · period: end: 2021-09-30 · kind: cumulative · label: For the Period December 1, 2020 to September 30, 2021 · quote: For the Period December 1, 2020 to September 30, 2021 · start: 2020-12-01 · approval: state: unstated · averages: rate: 465.22 · quote: $465.22 · currency: · invoices: tax: 916.24 · date: 2021-01-11 · fees: 7048 · quote: 11-Jan-21 | December 1 to 31, 2020 · total: 7964.24 · period end: 2020-12-31 · average rate: 542.15 · period start: 2020-12-01 · disbursements: 0; tax: 234.91 · date: 2021-02-03 · fees: 1807 · quote: 3-Feb-21 | January 1 to 31, 2021 · total: 2041.91 · period end: 2021-01-31 · average rate: 475.53 · period start: 2021-01-01 · disbursements: 0; tax: 488.26 · date: 2021-06-23 · fees: 3743 · quote: 23-Jun-21 | February 1 to May 31, 2021 · total: 4244.12 · period end: 2021-05-31 · average rate: 389.9 · period start: 2021-02-01 · disbursements: 12.86; tax: 37.51 · date: 2021-10-18 · fees: 288.5 · quote: 18-Oct-21 | June 1 to September 30, 2021 · total: 326.01 · period end: 2021-09-30 · average rate: 221.92 · period start: 2021-06-01 · disbursements: 0 · firm text: RSM Canada Limited · firm quote: RSM Canada Limited · hours total: quote: 27.7 · value: 27.7 · context quote: the Appointment Order, in which RSM was appointed as the Receiver of ALPHA, was granted on July 5, 2018.; form: time_summary · rows: Daniel R. Weisz; Brenda Wong; fees: 66 · rate: 110 · hours: 0.6 · quote: Anne Baptiste/Donna Nishimura | Estate Administrator | 0.60 | 110 $ | 66.00 · title: Estate Administrator · row kind: bucket · rate kind: standard · name as stated: Anne Baptiste/Donna Nishimura · money: tax: label: HST @ 13% · quote: 916.24 · amount: 916.24 · fees: quote: 7,048.00 $ · amount: 7048 · total: quote: 7,964.24 $ · amount: 7964.24 · includes tax: true · approximate: false · period: end: 2020-12-31 · kind: invoice · quote: for the period ending December 31, 2020. · start: 2020-12-01 · approval: state: unstated · averages: · currency: · invoices: · firm text: RSM Canada Limited · firm quote: RSM Canada Limited · hours total: quote: 13.00 · value: 13 · context quote: for the period ending December 31, 2020.; form: time_summary · rows: Daniel R. Weisz; Brenda Wong; fees: 88 · rate: 110 · hours: 0.8 · quote: Anne Baptiste/Donna Nishimura | Estate Administrator | 0.80 | 110 $ | 88.00 · title: Estate Administrator · row kind: bucket · rate kind: standard · name as stated: Anne Baptiste/Donna Nishimura · money: tax: label: HST @ 13% · quote: 234.91 · amount: 234.91 · fees: quote: 1,807.00 $ · amount: 1807 · total: quote: 2,041.91 $ · amount: 2041.91 · includes tax: true · approximate: false · period: end: 2021-01-31 · kind: invoice · quote: for the period ending January 31, 2021. · start: 2021-01-01 · approval: state: unstated · averages: · currency: · invoices: · firm text: RSM Canada Limited · firm quote: RSM Canada Limited · hours total: quote: 3.80 · value: 3.8 · context quote: for the period ending January 31, 2021.; form: time_summary · rows: Daniel R. Weisz; Brenda Wong; Gurpreet Tamber; Li Nong; fees: 121 · rate: 110 · hours: 1.1 · quote: Anne Baptiste/Donna Nishimura | Estate Administrator | 1.10 | 110 $ | 121.00 · title: Estate Administrator · row kind: bucket · rate kind: standard · name as stated: Anne Baptiste/Donna Nishimura · money: tax: label: HST @ 13% · quote: 488.26 · amount: 488.26 · fees: quote: 3,743.00 $ · amount: 3743 · total: quote: 4,244.12 $ · amount: 4244.12 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: 12.86 · amount: 12.86 · period: end: 2021-05-31 · kind: invoice · quote: for the period February 1 to May 31, 2021. · start: 2021-02-01 · approval: state: unstated · averages: · currency: · invoices: · firm text: RSM Canada Limited · firm quote: RSM Canada Limited · hours total: quote: 9.60 · value: 9.6 · context quote: for the period February 1 to May 31, 2021.; form: time_summary · rows: Daniel R. Weisz; fees: 110 · rate: 110 · hours: 1 · quote: Anne Baptiste/Donna Nishimura | Estate Administrator | 1.00 | 110 $ | 110.00 · title: Estate Administrator · row kind: bucket · rate kind: standard · name as stated: Anne Baptiste/Donna Nishimura · money: tax: label: HST @ 13% · quote: 37.51 · amount: 37.51 · fees: quote: 288.50 $ · amount: 288.5 · total: quote: 326.01 $ · amount: 326.01 · includes tax: true · approximate: false · period: end: 2021-09-30 · kind: invoice · quote: for the period June 1 to September 30, 2021. · start: 2021-06-01 · approval: state: unstated · averages: · currency: · invoices: · firm text: RSM Canada Limited · firm quote: RSM Canada Limited · hours total: quote: 1.30 · value: 1.3 · context quote: for the period June 1 to September 30, 2021.
- recovery outcomeentries: basis: estimated · quote: At this time, the Receiver is seeking an Order authorizing the Receiver to distribute the Distribution Funds to CRA and the Province on a pro-rata basis in accordance with the amounts of their claims, as well as payment of any additional funds, if any, remaining in the estate of ALPHA which may be available for distribution after payment of the Receiver's Accounts and the Torkin Accounts, provided that the total amount distributed to either CRA or the Province does not exceed the total amount of the indebtedness owed to them by ALPHA (the ' Final Distribution '). · pct of: unstated · outcome: distribution · class key: deemed_trust · stated by: receiver · amount low: 241101 · amount high: 241101 · class label: the two unsecured claims against ALPHA (CRA and the Province) · claims amount: 252531.44 · interim final: final · conditional on: distribute the Distribution Funds to CRA and the Province on a pro-rata basis in accordance with the amounts of their claims, provided that the total amount distributed to either CRA or the Province does not exceed the total amount of the indebtedness owed to them by ALPHA · claims qualifier: proven · stated on: 2021-10-22 · table missing: