Ontario · Receivership (court-appointed)
Third Report to Court .pdf
Court officer report · 21 June 2022
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: $ 21,010.71 · amount: 21010.71 · fees: quote: $ 161,131.50 · amount: 161131.5 · total: quote: $ 182,631.50 · amount: 182631.5 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: $ 489.29 · amount: 489.29 · period: end: 2022-04-15 · kind: cumulative · quote: for the period January 1, 2017 to April 15, 2022 · start: 2017-01-01 · approval: state: unstated · averages: rate: 471.7 · quote: $ 471.70 · currency: code: CAD · quote: Total Amount Due (CAD) · invoices: tax: 11059.66 · date: 2020-06-23 · fees: 84585 · quote: June 23, 2020 | April 6, 2020 to June 10, 2020 · total: 96133.95 · period end: 2020-06-10 · average rate: 476.8 · period start: 2020-04-06 · disbursements: 489.29; tax: 5691.01 · date: 2020-10-23 · fees: 43777 · quote: October 23, 2020 | June 13, 2020 to October 31, 2020 · total: 49468.01 · period end: 2020-10-31 · average rate: 465.22 · period start: 2020-06-13; tax: 1547.39 · date: 2021-04-23 · fees: 11903 · quote: April 23, 2021 | October 22, 2020 to April 5, 2021 · total: 13450.39 · period end: 2021-04-05 · average rate: 417.65 · period start: 2020-10-22; tax: 2712.65 · date: 2022-04-26 · fees: 20866.5 · quote: April 26, 2022 | April 6, 2021 to April 15, 2022 · total: 23579.15 · period end: 2022-04-15 · average rate: 501.6 · period start: 2021-04-06 · firm text: Deloitte Restructuring Inc. · firm quote: Deloitte Restructuring Inc., in its capacity as Receiver and Manager of for the period January 1, 2017 to April 15, 2022 Rose of Sharon (Ontario) Retirement Community · hours total: quote: 341.6 · value: 341.6 · context quote: Deloitte Restructuring Inc., in its capacity as Receiver and Manager of for the period January 1, 2017 to April 15, 2022 Rose of Sharon (Ontario) Retirement Community; form: time_summary · rows: Paul Casey; Hartley Bricks; Catherine Hristow; Stacey Greenbaum; Jonathan Chu; Ashley Keene; Rose Brown · money: tax: label: HST · quote: HST at 13.00% · amount: 11059.66 · fees: quote: 84,585.00 · amount: 84585 · total: quote: 96,133.95 · amount: 96133.95 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: 489.29 · amount: 489.29 · period: end: 2020-06-12 · kind: invoice · quote: for the period April 6 to June 12, 2020 · start: 2020-04-06 · approval: state: unstated · averages: · currency: code: CAD · quote: Total Amount Due (CAD) · invoices: · firm text: Deloitte Restructuring Inc. · firm quote: Deloitte Restructuring Inc. · hours total: quote: 177.4 · value: 177.4 · context quote: In our capacity as Receiver of Evergreen Consumer Brand Inc. ("ECB" or the Company) for the period April 6 to June 12, 2020.; form: time_summary · rows: Paul Casey; Hartley Bricks; Catherine Hristow; Stacey Greenbaum; Jonathan Chu; Rose Brown · money: tax: label: HST · quote: HST at 13.00% · amount: 5691.01 · fees: quote: 43,777.00 · amount: 43777 · total: quote: 49,468.01 · amount: 49468.01 · includes tax: true · approximate: false · period: end: 2020-10-21 · kind: invoice · quote: for the period June 13 to October 21, 2020 · start: 2020-06-13 · approval: state: unstated · averages: · currency: code: CAD · quote: Total Amount Due (CAD) · invoices: · firm text: Deloitte Restructuring Inc. · firm quote: Deloitte Restructuring Inc. · hours total: quote: 94.1 · value: 94.1 · context quote: In our capacity as Receiver of Evergreen Consumer Brand Inc. ("ECB" or the Company) for the period June 13 to October 21, 2020.; form: time_summary · rows: Paul Casey; Hartley Bricks; Stacey Greenbaum; Jonathan Chu; Michael McTaggart; Rose Brown · money: tax: label: HST · quote: HST at 13.00 % · amount: 1547.39 · fees: quote: 11,903.00 · amount: 11903 · total: quote: Total Amount Due (CAD) | 13,450.39 · amount: 13450.39 · includes tax: true · approximate: false · period: end: 2021-04-05 · kind: invoice · quote: for the period October 22, 2020 to April 5, 2021 · start: 2020-10-22 · approval: state: unstated · averages: · currency: code: CAD · quote: Total Amount Due (CAD) · invoices: · firm text: Deloitte Restructuring Inc. · firm quote: Deloitte Restructuring Inc. · hours total: quote: 28.5 · value: 28.5 · context quote: In our capacity as Receiver of Evergreen Consumer Brand Inc. ("ECB" or the Company) for the period October 22, 2020 to April 5, 2021.; form: time_summary · rows: Paul Casey; Hartley Bricks; Catherine Hristow; Stacey Greenbaum; Jonathan Chu; Rose Brown; Laura Conorton; Krista Borzellino; Carter Sullivan; Todd Dew · money: tax: label: HST · quote: HST at 13.00 % · amount: 2712.65 · fees: quote: 20,866.50 · amount: 20866.5 · total: quote: Total Amount Due (CAD) | 23,579.15 · amount: 23579.15 · includes tax: true · approximate: false · period: end: 2022-04-15 · kind: invoice · quote: for the period April 6, 2021 to April 15, 2022 · start: 2021-04-06 · approval: state: unstated · averages: · currency: code: CAD · quote: Total Amount Due (CAD) · invoices: · firm text: Deloitte Restructuring Inc. · firm quote: Deloitte Restructuring Inc. · hours total: quote: 41.6 · value: 41.6 · context quote: In our capacity as Receiver of Evergreen Consumer Brand Inc. (""ECB"" or the Company) for the period April 6, 2021 to April 15, 2022.; form: prose · rows: · money: tax: label: HST · quote: $12,569 · amount: 12569 · fees: quote: $95,241 · amount: 95241 · total: quote: totaling $109,629 · amount: 109629 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: $1,819 · amount: 1819 · period: end: 2020-03-13 · kind: invoice · quote: during the period from January 30 to March 13, 2020 · start: 2020-01-30 · approval: quote: approving the professional fees and disbursements of the Receiver and its independent counsel, Goldman Sloan Nash & Haber LLP (' GSNH '), and authorizing the Receiver to pay all such fees and disbursements · state: sought · averages: · currency: · invoices: · firm text: Goldman Sloan Nash & Haber LLP · firm quote: its independent counsel, Goldman Sloan Nash & Haber LLP (' GSNH ') · context quote: The total fees of GSNH during the period from January 30 to March 13, 2020 amount to $95,241 together with expenses and disbursements in the sum of $1,819 and HST in the amount of $12,569 totaling $109,629 (the ' GSNH Fees ').; form: time_summary · rows: May May Co; Joel Turgeon; Mario Forte; Mario Forte; Brian Nichols · money: approximate: false · period: kind: unstated · approval: state: unstated · averages: · currency: · invoices: · hours total: quote: 27.60 · value: 27.6 · context quote: SUMMARY OF PROFESSIONAL SERVICES · firm unverified: true
- recovery outcomeentries: basis: unstated · quote: Receiver's counsel has advised that any remaining pre-receivership withholding tax liabilities would not enjoy a priority as against NBC, the first secured creditor who will suffer a shortfall in these proceedings. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: National Bank of Canada · creditor name: National Bank of Canada · interim final: unstated · claims qualifier: unstated; basis: actual · quote: made a first distribution to NBC in the amount of $5,500,000 on May 13, 2020, and made further distributions to NBC in 2020 and 2021 totaling $633,350; · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · amount low: 5500000 · cumulative: false · amount high: 5500000 · class label: NBC · creditor name: NBC · interim final: unstated · claims qualifier: unstated · stated on: 2022-06-21 · table missing: