Alberta · Receivership (court-appointed)
Second Report of the Receiver
Court officer report · 16 May 2023
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing7 verified
- cash on handnote: Stated as net cash on hand per Statement of Receipts and Disbursements. · as at: 2023-05-12 · amount: 581371 · currency: CAD · qualifier: approximately
- disbursementsnote: Cumulative disbursements per Statement of Receipts and Disbursements for the period December 7, 2022 to May 12, 2023. · since: December 7, 2022 · amount: 952176 · currency: CAD
- operational summaryThe Receiver completed the previously approved sale transaction (Reverse Vesting Order) and collected the proceeds, finalized customer billings, and continued collecting outstanding accounts receivable, with administration now substantially complete pending final wind-up steps.
- professional feesnote: Exclusive of GST; Receiver's Counsel's (MLT Aikins LLP) fees for the same period totalled $117,369.84, also exclusive of GST. · party: Receiver (FTI Consulting Canada Inc.) · amount: 251179.61 · period: Date of Appointment to April 30, 2023 · currency: CAD
- receipts cumulativenote: Cumulative receipts per Statement of Receipts and Disbursements for the period December 7, 2022 to May 12, 2023. · since: December 7, 2022 · amount: 1533547 · currency: CAD
- report date15 May 2023
- report noSecond Report