Ontario · CCAA
007. Seventh Report of the Monitor
Court officer report · 28 July 2022
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What we verified from this filing4 verified
- fee scheduleengagements: form: time_summary · rows: Peter J. Osborne; Peter J. Osborne; Matthew B. Lerner; Sarah Bittman; Sarah Bittman; Christina Shiels-Singh; Peter J. Osborne; Sarah Bittman; fees: 15236 · role: Preparing for and attending hearing to obtain initial order · quote: Subtotal | $15,236.00 · row kind: subtotal · rate kind: standard · name as stated: Subtotal; Peter J. Osborne; Peter J. Osborne; Sarah Bittman; Sarah Bittman; fees: 18412 · role: Review of transactions of interest and planning/commencing Monitor's investigation · quote: Subtotal | $18,412.00 · row kind: subtotal · rate kind: standard · name as stated: Subtotal; Peter J. Osborne; Sarah Bittman; fees: 31390 · role: Assistance with Monitor's Investigation/Court Motions · quote: Subtotal | $31,390.00 · row kind: subtotal · rate kind: standard · name as stated: Subtotal; Peter J. Osborne; Sarah Bittman; Christina Shiels-Singh; fees: 57432 · role: Examination of J Bowman for Monitor's Investigation · quote: Subtotal | Subtotal | Subtotal | $57,432.00 · row kind: subtotal · rate kind: standard · name as stated: Subtotal · money: tax: label: HST at 13% · quote: HST at 13% | $18,809.44 · amount: 18809.44 · fees: quote: fees of $144,688.00 · amount: 144688 · total: quote: The total fees and disbursements of Lenczner during the period from November 24, 2021 to May 30, 2022 (the ' Lenczner Fee Period ') (exclusive of HST) are $147,499.58 · amount: 147499.58 · includes tax: false · includes disbursements: true · approximate: false · disbursements: quote: disbursements of $2,811.58 · amount: 2811.58 · period: end: 2022-05-30 · kind: invoice · label: Lenczner Fee Period · quote: The total fees and disbursements of Lenczner during the period from November 24, 2021 to May 30, 2022 (the ' Lenczner Fee Period ') (exclusive of HST) are $147,499.58 which included fees of $144,688.00 and disbursements of $2,811.58. · start: 2021-11-24 · approval: quote: I swear this affidavit for the purpose of having the fees and activities of the Monitor and its counsel approved by the Court and for no other or improper purpose. · state: sought · averages: · currency: · invoices: · firm text: Lenczner Slaght LLP · firm quote: LENCZNER SLAGHT LLP · context quote: FEES OF COUNSEL TO THE MONITOR, ERNST & YOUNG INC., TO MAY 30, 2022
- purchaserprice: sealed: false · scope: the eighteen purchase agreements of the Sold Units of the Sheddon Project · status: approved · name note: purchasers of the eighteen Sold Units of the Sheddon Project, unnamed · structure: real_property · name source: recital · relationship: unstated
- recovery outcomeentries: basis: plan · quote: on the later of (i) the Plan Implementation Date, or (ii) when due, or such later date in accordance with Section 6.4 of the CCAA Plan in respect of any Unresolved Claim that becomes a Proven Claim, if any, an amount equal to 70% of such Distribution Creditor's Proven Claim; and · pct of: proven_claims · outcome: distribution · pct low: 70 · pct high: 70 · class key: unsecured · stated by: monitor · cumulative: false · class label: Distribution Creditors (Affected General Unsecured Creditors with Proven Claims) · interim final: unstated · conditional on: 70% on the later of the Plan Implementation Date or when due, and 30% on the earlier of the closing of the sale of all remaining residential units at 331 Sheddon or eight months from the Plan Implementation Date · claims qualifier: unstated; basis: plan · quote: an amount equal to 100% of such Funded Debt Claim, including all accrued interest and fees, on no later than June 30, 2025; and · pct of: unstated · outcome: paid_in_full · pct low: 100 · pct high: 100 · class key: unsecured · stated by: monitor · class label: Funded Debt Unsecured Creditor · creditor name: Halmont · interim final: unstated · conditional on: no later than June 30, 2025 · claims qualifier: unstated · stated on: 2022-07-28 · table missing:
- sale outcometext: the eighteen purchase agreements of the Sold Units of the Sheddon Project were approved and vested; an ancillary order approving a form of order for the sale of the two unsold units in the future was also granted · scope: parcel · status: approved