Ontario · Receivership (court-appointed)
Motion Record returnable July 25, 2013
Application / notice of application · 25 July 2013
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What we verified from this filing2 verified
- fee scheduleengagements: form: prose · rows: · money: tax: label: applicable taxes · quote: plus applicable taxes of $43,834.32 · amount: 43834.32 · fees: quote: the fees in the amount of $325,530.00 · amount: 325530 · approximate: false · disbursements: quote: disbursements in the amount of $11,657.10 · amount: 11657.1 · period: end: 2013-06-30 · kind: interim · quote: For the Period from March 21, 2013 to June 30, 2013 · start: 2013-03-21 · approval: quote: are hereby approved · state: approved · averages: rate: 412.12 · quote: The average hourly rate for the Receiver and Osler for the referenced billing period was $412.12 and $515.61, respectively. · scope: the Receiver · currency: · invoices: · firm text: D&P · firm quote: D&P in its capacity as proposed receiver and Receiver · context quote: of D&P in its capacity as proposed receiver and Receiver, as set out in the Second Report and the Affidavit of David Sieradzki; form: prose · rows: · money: tax: label: applicable taxes · quote: applicable taxes of $25,504.93 · amount: 25504.93 · fees: quote: the total fees billed by Osler were $189,331.50 · amount: 189331.5 · total: quote: for an aggregate amount of $221,850.16 · amount: 221850.16 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: plus disbursements of $7,014.23 · amount: 7014.23 · period: end: 2013-06-30 · kind: interim · label: Billing Period · quote: During the period from March 28, 2013 to June 30, 2013 (the "Billing Period") · start: 2013-03-28 · approval: state: unstated · averages: rate: 515.61 · quote: The average hourly rate for the Receiver and Osler for the referenced billing period was $412.12 and $515.61, respectively. · scope: Osler · currency: · invoices: · firm text: Osler · firm quote: the total fees billed by Osler · hours total: quote: 367.2 hours were incurred by Osler personnel during the Billing Period · value: 367.2 · context quote: the total fees billed by Osler were $189,331.50, plus disbursements of $7,014.23 and applicable taxes of $25,504.93
- recovery outcomeentries: basis: estimated · quote: Based on the sale process run to date by CPI US and the interest expressed by the market in the assets of the CPI Group, it is likely that the Senior Lenders will incur a substantial shortfall on their advances under the Credit Agreement. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: Senior Lenders (Bank of America, N.A., as Administrative Agent) · creditor name: Bank of America, N.A., as Administrative Agent · interim final: unstated · claims qualifier: unstated · table missing: