Ontario · CCAA
Forty-Eighth Report of the Monitor dated August 23, 2021
Court officer report · 23 August 2021
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What we verified from this filing4 verified
- fee scheduleengagements: form: time_summary · rows: Robert Kofman; Noah Goldstein; fees: 615 · hours: 2.85 · quote: Other staff and administration | | 2.85 | 615.00 · row kind: bucket · rate kind: standard · name as stated: Other staff and administration · money: total: quote: Tot al f e e s and dis burs e m e nt s pe rat t ach e d t im e s um m ary | $ 58,804.30 · amount: 58804.3 · includes tax: false · includes disbursements: true · approximate: false · period: end: 2021-04-30 · kind: invoice · label: For the period ending April 2021 · quote: For the period ending April 2021 · approval: state: unstated · averages: · currency: · invoices: · firm text: KSV Restructuring Inc. · firm quote: KSV Restructuring Inc. · hours total: quote: Total Fees | | 84.60 | 58,802.50 · value: 84.6 · context quote: For professional services rendered in July 2021 by KSV Restructuring Inc. in its capacity as Monitor (the 'Monitor') in the Companies' proceedings under the C ompani es ' C r ed i t or s A r r a ng ement A c t (the 'CCAA'); form: time_summary · rows: Robert Kofman; Noah Goldstein; fees: 1216.5 · hours: 6.47 · quote: Other staff and administration | | 6.47 | 1,216.50 · row kind: bucket · rate kind: standard · name as stated: Other staff and administration · money: tax: label: HST · quote: HST | 4,523.13 · amount: 4523.13 · total: quote: Total fees and disbursements per attached time summary | $ 34,793.30 · amount: 34793.3 · includes tax: false · includes disbursements: true · approximate: false · period: kind: invoice · quote: Re May 2021 · approval: state: unstated · averages: · currency: · invoices: · firm text: KSV Restructuring Inc. · firm quote: KSV Restructuring Inc. · hours total: quote: Total Fees | | 54.57 | 34,791.50 · value: 54.57 · context quote: For professional services rendered in July 2021 by KSV Restructuring Inc. in its capacity as Monitor (the 'Monitor') in the Companies' proceedings under the C ompani es ' C r ed i t or s A r r a ng ement A c t (the 'CCAA'); form: time_summary · rows: Robert Kofman; Noah Goldstein; fees: 824.75 · hours: 4.68 · quote: Other staff and administration | | 4.68 | 824.75 · row kind: bucket · rate kind: standard · name as stated: Other staff and administration · money: total: quote: Total Fees and Disbursements | | 32.43 | 20,016.75 · amount: 20016.75 · includes tax: false · includes disbursements: true · approximate: false · period: end: 2021-06-30 · kind: invoice · label: For the period ending June 30, 2021 · quote: For the period ending June 30, 2021 · approval: state: unstated · averages: · currency: · invoices: · firm text: KSV Restructuring Inc. · firm quote: KSV Restructuring Inc. · hours total: quote: Total Fees | | 32.43 | 20,012.25 · value: 32.43 · context quote: For professional services rendered in July 2021 by KSV Restructuring Inc. in its capacity as Monitor (the 'Monitor') in the Companies' proceedings under the C ompani es ' C r ed i t or s A r r a ng ement A c t (the 'CCAA'); form: time_summary · rows: Robert Kofman; Noah Goldstein; Jordan Wong; fees: 322.5 · hours: 1.85 · quote: Other staff and administration | | 1.85 | 322.50 · row kind: bucket · rate kind: standard · name as stated: Other staff and administration · money: tax: label: HST · quote: HST | 5,354.74 · amount: 5354.74 · total: quote: Total fees and disbursements per attached time summary | $ 41,190.30 · amount: 41190.3 · includes tax: false · includes disbursements: true · approximate: false · period: kind: invoice · quote: For the month ending July 2021 · approval: state: unstated · averages: · currency: · invoices: · firm text: KSV Restructuring Inc. · firm quote: KSV Restructuring Inc. · hours total: quote: Total Fees | | 69.95 | 41,178.75 · value: 69.95 · context quote: For professional services rendered in July 2021 by KSV Restructuring Inc. in its capacity as Monitor (the 'Monitor') in the Companies' proceedings under the C ompani es ' C r ed i t or s A r r a ng ement A c t (the 'CCAA'); form: time_summary · rows: Paul Lamarre; Cathy Lo Presti; Robin B. Schwill; Eric Leduc; Robert Nicholls; Sawyer Swarek; Stephanie Conte · money: fees: quote: OUR FEE | $ 118,986.00 · amount: 118986 · approximate: false · period: end: 2021-04-30 · kind: invoice · quote: Period: April 1, 2021 to April 30, 2021 · start: 2021-04-01 · approval: state: unstated · averages: · currency: · invoices: · firm text: Davies Ward Phillips & Vineberg LLP · firm quote: Davies Ward Phillips & Vineberg LLP · hours total: quote: TOTAL HOURS | TOTAL HOURS | TOTAL HOURS | 132.10 · value: 132.1 · context quote: corresponding with Davies Ward Phillips & Vineberg LLP ('Davies'), the Monitor's legal counsel, concerning the CCAA proceedings; form: time_summary · rows: Paul Lamarre; Cathy Lo Presti; Robin B. Schwill; Robert Nicholls; Sawyer Swarek · money: fees: quote: OUR FEE | $ 28,313.50 · amount: 28313.5 · approximate: false · period: end: 2021-05-31 · kind: invoice · quote: Period: May 3, 2021 to May 31, 2021 · start: 2021-05-03 · approval: state: unstated · averages: · currency: · invoices: · firm text: Davies Ward Phillips & Vineberg LLP · firm quote: Davies Ward Phillips & Vineberg LLP · hours total: quote: TOTAL HOURS | TOTAL HOURS | TOTAL HOURS | 29.70 · value: 29.7 · context quote: corresponding with Davies Ward Phillips & Vineberg LLP ('Davies'), the Monitor's legal counsel, concerning the CCAA proceedings; form: time_summary · rows: Robin B. Schwill; Sawyer Swarek · money: fees: quote: OUR FEE | $ 17,028.00 · amount: 17028 · approximate: false · period: end: 2021-07-08 · kind: invoice · quote: Period: June 2, 2021 to July 8, 2021 · start: 2021-06-02 · approval: state: unstated · averages: · currency: · invoices: · firm text: Davies Ward Phillips & Vineberg LLP · firm quote: Davies Ward Phillips & Vineberg LLP · hours total: quote: TOTAL HOURS | TOTAL HOURS | TOTAL HOURS | 16.80 · value: 16.8 · context quote: corresponding with Davies Ward Phillips & Vineberg LLP ('Davies'), the Monitor's legal counsel, concerning the CCAA proceedings; form: time_summary · rows: Matthew Milne-Smith; Paul Lamarre; Robin B. Schwill; Robert Nicholls; Sawyer Swarek; Maya Churilov; Jamieson King; Ishaan Kapur · money: tax: label: HST @ 13% · quote: HST @ 13% | 4,508.49 · amount: 4508.49 · fees: quote: OUR FEE | $ 34,580.50 · amount: 34580.5 · approximate: false · disbursements: quote: DISBURSEMENTS (TAXABLE) | 100.15 · amount: 100.15 · period: end: 2021-07-31 · kind: invoice · quote: Period: July 7, 2021 to July 31, 2021 · start: 2021-07-07 · approval: state: unstated · averages: · currency: · invoices: · firm text: Davies Ward Phillips & Vineberg LLP · firm quote: Davies Ward Phillips & Vineberg LLP · hours total: quote: TOTAL HOURS | TOTAL HOURS | TOTAL HOURS | 49.30 · value: 49.3 · context quote: corresponding with Davies Ward Phillips & Vineberg LLP ('Davies'), the Monitor's legal counsel, concerning the CCAA proceedings; form: rate_chart · rows: Paul Lamarre; Cathy Lo Presti; Robin B. Schwill; Eric Leduc; Robert Nicholls; Sawyer Swarek; Stephanie Conte; Matthew Milne-Smith; Maya Churilov; Jamieson King; Ishaan Kapur · money: fees: quote: Total Fees from Exhibit 'A' | | | $198,908.00 · amount: 198908 · approximate: false · period: kind: cumulative · quote: Total Fees from Exhibit 'A' · approval: state: unstated · averages: rate: 873 · quote: Average Blended Hourly Rate (rounded to nearest dollar) | Average Blended Hourly Rate (rounded to nearest dollar) | | 873.00 · scope: rounded to nearest dollar · currency: · invoices: · firm text: Davies Ward Phillips & Vineberg LLP · firm quote: Davies Ward Phillips & Vineberg LLP · hours total: quote: Total Hours | | | 227.90 · value: 227.9 · context quote: This is Exhibit "C" referred to in the Affidavit of Robin B. Schwill sworn before me this 1 6 th day of August, 2021.
- purchaserprice: sealed: false · scope: Downsview's interest in DHI, being its 51% ownership interest and its rights and obligations pursuant to several agreements pertaining to the Downsview Project · status: not_completed · name note: Downsview Sale Process - purchaser not yet identified; solicitation phase not commenced · structure: assets · name source: recital · relationship: unstated
- recovery outcomeentries: basis: actual · quote: Pursuant to the Court-approved claims process carried out in these proceedings and several distribution orders issued subsequently in these proceedings, the Monitor has paid in full the amounts owing to creditors with admitted claims against the Cumberland CCAA Entities. · pct of: unstated · outcome: paid_in_full · class key: unsecured · stated by: monitor · class label: creditors with admitted claims against the Cumberland CCAA Entities · interim final: unstated · claims qualifier: unstated · stated on: 2021-08-23 · table missing:
- sale outcometext: Downsview Sale Process approved by the Court but solicitation phase not yet commenced due to stay motion · scope: parcel · status: not_completed