What we verified from this filing11 verified
- cash on handnote: Compared to forecast cash balance of $330,000 · as at: 2024-11-15 · amount: 720000 · currency: CAD · qualifier: approximately
- disbursementsnote: Total Disbursements actual for twelve-week period ended November 15, 2024; table reported in CAD $000s · since: August 24, 2024 (start of Reporting Period) · amount: 21378000 · currency: CAD
- fee scheduleengagements: form: invoice_listing · rows: Josh Nevsky; Skylar Rushton; Mitchell Binder; Kevin Meng; Bob Wei · money: tax: label: HST · quote: $34,870.39 · amount: 34870.39 · fees: quote: $257,679.50 · amount: 257679.5 · total: quote: $303,104.13 · amount: 303104.13 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: $10,554.24 · amount: 10554.24 · period: end: 2024-11-16 · kind: invoice · label: A&M Application Period · quote: in respect of this matter for the period from August 28, 2024 to November 16, 2024 (the ' A&M Application Period ') · start: 2024-08-28 · approval: state: unstated · averages: rate: 661.4 · quote: Avg Rate $661.40 · currency: code: CAD · quote: Invoice Total ($CAD) · invoices: tax: 8712.99 · date: 2024-09-11 · fees: 67023 · quote: Invoice #1 | September 11, 2024 | August 28, 2024 to September 7, 2024 · total: 75735.99 · period end: 2024-09-07 · period start: 2024-08-28 · disbursements: 0; tax: 15404.45 · date: 2024-10-01 · fees: 109054.5 · quote: Invoice #2 | October 1, 2024 | September 8, 2024 to September 28, 2024 · total: 133900.25 · period end: 2024-09-28 · period start: 2024-09-08 · disbursements: 9441.3; tax: 5314.65 · date: 2024-10-23 · fees: 40144 · quote: Invoice #3 | October 23, 2024 | September 29, 2024 to October 19, 2024 · total: 46196.59 · period end: 2024-10-19 · period start: 2024-09-29 · disbursements: 737.94; tax: 5438.29 · date: 2024-11-19 · fees: 41458 · quote: Invoice #4 | November 19, 2024 | October 20, 2024 to November 16, 2024 · total: 47271.29 · period end: 2024-11-16 · period start: 2024-10-20 · disbursements: 375 · firm text: Alvarez & Marsal Canada Inc. · firm quote: appointed Alvarez & Marsal Canada Inc. (' A&M ') as the monitor of the Applicants in the CCAA Proceedings (in such capacity, the ' Monitor ') · hours total: quote: 389.6 · value: 389.6 · context quote: I am a Managing Director of Alvarez & Marsal Canada Inc. (' A&M '), the Court-appointed monitor in the above-noted proceeding (in such capacity, the ' Monitor ').; form: invoice_listing · rows: Jennifer Legge; Maria Konyukhova; Lee Nicholson; Lori Adams; Andrew Foster; Philip Yang; Rania Hammad; Michael Pasquariello; Natasha Crasto; Pamela Oster; Julia Bochnak; Bailey Malloy · money: tax: label: HST · quote: $32,534.62 · amount: 32534.62 · fees: quote: $250,206.00 · amount: 250206 · total: quote: $282,816.92 · amount: 282816.92 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: $76.30 · amount: 76.3 · period: end: 2024-11-08 · kind: cumulative · label: the Period · quote: For the Period from August 14, 2024, to November 8, 2024 · start: 2024-08-14 · approval: state: unstated · averages: rate: 876.22 · quote: = $876.22 · scope: before HST · currency: code: CAD · quote: CA $80,558.50 · invoices: tax: 10474.71 · date: 2024-08-26 · fees: 80558.5 · quote: 6193763 | 26-Aug-2024 | 96.91 | $80,558.50 | $24.15 | $10,474.71 | $91,057.36 · total: 91057.36 · disbursements: 24.15; tax: 17881.53 · date: 2024-09-27 · fees: 137506.1 · quote: 6201386 | 27-Sept-2024 | 154.74 | $137,506.10 | $52.15 | $17,881.53 | $155,439.78 · total: 155439.78 · disbursements: 52.15; tax: 4178.38 · date: 2024-11-08 · fees: 32141.4 · quote: 6216243 | 08-Nov-2024 | 33.90 | $32,141.40 | $0.00 | $4,178.38 | $36,319.78 · total: 36319.78 · disbursements: 0 · hours total: quote: 285.55 · value: 285.55 · context quote: The Monitor retained Stikeman Elliott LLP as its counsel in these proceedings. · firm unverified: true
- operational summaryTokyo Smoke completed its SISP resulting in a stalking horse transaction with TS Investments implemented via a reverse vesting structure, while continuing to restructure store leases, close underperforming locations, and reduce headcount, aiming to emerge as a smaller but more efficient going-concern retailer.
- professional feesnote: Comprised of fees of $257,679.50, disbursements of $10,554.24 and HST of $34,870.39; Monitor's counsel Stikeman Elliott LLP fees and disbursements separately totaled $282,816.92 for August 14, 2024 to November 8, 2024 · party: Monitor (Alvarez & Marsal Canada Inc.) · amount: 303104.13 · period: August 28, 2024 to November 16, 2024 · currency: CAD
- purchaserTS Investments Corp.
- receipts cumulativenote: Actual receipts for twelve-week period ended November 15, 2024; table reported in CAD $000s · since: August 24, 2024 (start of Reporting Period) · amount: 18147000 · currency: CAD
- report date26 November 2024
- report noThird Report
- sale outcometext: Monitor supports approval of the Transaction as contemplated by the Approval and Reverse Vesting Order · scope: whole_business · status: approved
- stalking horseTS Investments Corp. (77000000)