Alberta · Receivership (court-appointed)
Second Report of the Interim Receiver dated September 28, 2023
Court officer report · 28 September 2023
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What we verified from this filing7 verified · 1 withheld
- fee scheduleengagements: form: invoice_listing · rows: · money: tax: label: GST · quote: Total Receiver's Fees | | 78,413.25 | 342.83 | 78,756.08 | 3,937.80 | 82,693.88 · amount: 3937.8 · fees: quote: Total Receiver's Fees | | 78,413.25 | 342.83 | 78,756.08 | 3,937.80 | 82,693.88 · amount: 78413.25 · total: quote: Total Receiver's Fees | | 78,413.25 | 342.83 | 78,756.08 | 3,937.80 | 82,693.88 · amount: 82693.88 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: Total Receiver's Fees | | 78,413.25 | 342.83 | 78,756.08 | 3,937.80 | 82,693.88 · amount: 342.83 · period: end: 2023-09-24 · kind: invoice · label: the period of August 1, 2023 to September 24, 2023 · quote: FOR THE PERIOD OF AUGUST 1, 2023 TO SEPTEMBER 24, 2023 · start: 2023-08-01 · approval: state: unstated · averages: · currency: · invoices: tax: 2868.1 · fees: 57019.25 · quote: Aug 1, 2023 to Aug 31, 2023 | 3252 | 57,019.25 | 342.83 | 57,362.08 | 2,868.10 | 60,230.18 · total: 60230.18 · period end: 2023-08-31 · period start: 2023-08-01 · disbursements: 342.83; tax: 1069.7 · fees: 21394 · quote: Sep 1, 2023 to Sep 24, 2023 | DRAFT | 21,394.00 | - | 21,394.00 | 1,069.70 | 22,463.70 · total: 22463.7 · period end: 2023-09-24 · period start: 2023-09-01 · firm text: KSV Restructuring Inc. · firm quote: KSV Restructuring Inc. 1165, 324 - 8th Avenue SW Calgary, Alberta T2P 2Z2 · context quote: the Interim Receiver; form: invoice_listing · rows: · money: tax: label: GST · quote: Total Interim Receiver's Counsel Fees | | 30,652.50 | 118.50 | 30,771.00 | 1,537.56 | 32,308.56 · amount: 1537.56 · fees: quote: Total Interim Receiver's Counsel Fees | | 30,652.50 | 118.50 | 30,771.00 | 1,537.56 | 32,308.56 · amount: 30652.5 · total: quote: Total Interim Receiver's Counsel Fees | | 30,652.50 | 118.50 | 30,771.00 | 1,537.56 | 32,308.56 · amount: 32308.56 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: Total Interim Receiver's Counsel Fees | | 30,652.50 | 118.50 | 30,771.00 | 1,537.56 | 32,308.56 · amount: 118.5 · period: end: 2023-09-24 · kind: invoice · label: the period of August 1, 2023 to September 24, 2023 · quote: FOR THE PERIOD OF AUGUST 1, 2023 TO SEPTEMBER 24, 2023 · start: 2023-08-01 · approval: state: unstated · averages: · currency: · invoices: tax: 1175.3 · fees: 23476 · quote: Aug 1, 2023 to Aug 31, 2023 | 203480670 | 23,476.00 | 50.00 | 23,526.00 | 1,175.30 | 24,701.30 · total: 24701.3 · period end: 2023-08-31 · period start: 2023-08-01 · disbursements: 50; tax: 362.26 · fees: 7176.5 · quote: Sep 1, 2023 to Sep 24, 2023 | DRAFT | 7,176.50 | 68.50 | 7,245.00 | 362.26 | 7,607.26 · total: 7607.26 · period end: 2023-09-24 · period start: 2023-09-01 · disbursements: 68.5 · firm text: Burnet, Duckworth & Palmer LLP · firm quote: Burnet, Duckworth & Palmer LLP 2400, 525 - 8 th Avenue SW Calgary, AB T2P 1G1 · context quote: on behalf of the Interim Receiver by BD&P, in connection with the receivership
- operational summaryThe Companies ceased operations after directors resigned; a consultant has been operating a remote/online model with most leases disclaimed, while the Interim Receiver pursues a stalking horse sale and SISP for substantially all assets.
- professional feesnote: Fees $78,413.25 plus disbursements $342.83 plus GST $3,937.80; BD&P (counsel) fees separately totaled $32,308.56 for August 5 to September 24, 2023 · party: Interim Receiver (KSV Restructuring Inc.) · amount: 82693.88 · period: August 1 to September 24, 2023 · currency: CAD
- purchaserAvonlea-Drewry Holdings Inc.
- report date28 September 2023
- report noSecond Report
- sale outcometext: Stalking Horse APA proposed as the anchor bid pending SISP approval and Court approval of the transaction · scope: whole_business · status: pending_approval
1 extracted value is withheld: either a trap-shaped field where models produce confident wrong numbers, or an identity value whose quotation could not be found in the document. Withheld values are shown to no one.