Ontario · Foreign recognition (CCAA)
Sixth Report of the Information Officer (October 8, 2020)
Court officer report · 8 October 2020
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What we verified from this filing6 verified
- fee scheduleengagements: form: invoice_listing · rows: · money: tax: label: HST · quote: $ 25,641.37 · amount: 25641.37 · fees: quote: $ 179,151.00 · amount: 179151 · total: quote: $222,882.65 · amount: 222882.65 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: $ 18,090.28 · amount: 18090.28 · period: end: 2020-10-07 · kind: cumulative · label: A&M Application Period · quote: in respect of these proceedings for the period from February 6, 2020 to October 7, 2020 (the ' A&M Application Period ') · start: 2020-02-06 · approval: state: unstated · averages: rate: 692.77 · quote: Avg Rate $692.77 · scope: Total Fees (excl. Disbursements and HST) · currency: code: CAD · quote: TOTAL INVOICE (in $CAD) · invoices: tax: 959.53 · date: 2020-05-25 · fees: 7181 · quote: Invoice #5 | May 25, 2020 | April 19, 2020 to May 23, 2020 · total: 8340.53 · period end: 2020-05-23 · period start: 2020-04-19 · disbursements: 200; tax: 1625.13 · date: 2020-06-29 · fees: 12426 · quote: Invoice #6 | June 29, 2020 | May 24, 2020 to June 27, 2020 · total: 14126.13 · period end: 2020-06-27 · period start: 2020-05-24 · disbursements: 75; tax: 1002.56 · date: 2020-07-27 · fees: 7712 · quote: Invoice #7 | July 27, 2020 | June 28, 2020 to July 25, 2020 · total: 8714.56 · period end: 2020-07-25 · period start: 2020-06-28 · disbursements: 0; tax: 2515.89 · date: 2020-10-07 · fees: 19003 · quote: Invoice #8 | October 7, 2020 | July 26, 2020 to October 7, 2020 · total: 21868.89 · period end: 2020-10-07 · period start: 2020-07-26 · disbursements: 350 · firm text: Alvarez & Marsal Canada Inc. · firm quote: The Supplemental Order appointed Alvarez & Marsal Canada Inc. (' A&M ') as the information officer · hours total: quote: 258.6 · value: 258.6 · context quote: A&M was appointed as Information Officer pursuant to the Supplemental Order (Foreign Main Proceeding); form: time_summary · rows: A. Hutchens; M. MacKenzie; R. Gruneir; A. Sterling · money: tax: label: HST @ 13% · quote: 5,557.37 · amount: 5557.37 · fees: quote: $42,749.00 · amount: 42749 · total: quote: $48,306.37 · amount: 48306.37 · includes tax: true · includes disbursements: false · approximate: false · period: end: 2020-02-17 · kind: invoice · quote: for the period to February 17, 2020 · start: 2020-02-06 · approval: state: unstated · averages: · currency: code: CAD · quote: TOTAL INVOICE (in $CAD) · invoices: · firm text: Alvarez & Marsal Canada Inc. · firm quote: The Supplemental Order appointed Alvarez & Marsal Canada Inc. (' A&M ') as the information officer · hours total: quote: 64.7 · value: 64.7 · context quote: A&M was appointed as Information Officer pursuant to the Supplemental Order (Foreign Main Proceeding); form: time_summary · rows: A. Hutchens; M. MacKenzie; R. Gruneir; A. Sterling · money: tax: label: HST @ 13% · quote: 3,861.52 · amount: 3861.52 · fees: quote: $29,704.00 · amount: 29704 · total: quote: $33,565.52 · amount: 33565.52 · includes tax: true · includes disbursements: false · approximate: false · period: end: 2020-02-22 · kind: invoice · quote: for the period February 18 to 22, 2020 · start: 2020-02-18 · approval: state: unstated · averages: · currency: code: CAD · quote: TOTAL INVOICE (in $CAD) · invoices: · firm text: Alvarez & Marsal Canada Inc. · firm quote: The Supplemental Order appointed Alvarez & Marsal Canada Inc. (' A&M ') as the information officer · hours total: quote: 45.1 · value: 45.1 · context quote: A&M was appointed as Information Officer pursuant to the Supplemental Order (Foreign Main Proceeding); form: time_summary · rows: A. Hutchens; M. MacKenzie; R. Gruneir; A. Sterling · money: tax: label: HST @ 13% · quote: 4,691.15 · amount: 4691.15 · fees: quote: $18,620.50 · amount: 18620.5 · total: quote: $40,776.93 · amount: 40776.93 · includes tax: true · includes disbursements: false · approximate: false · period: end: 2020-03-14 · kind: invoice · quote: for the period February 23 to March 14, 2020 · start: 2020-02-23 · approval: state: unstated · averages: · currency: code: CAD · quote: TOTAL INVOICE (in $CAD) · invoices: · firm text: Alvarez & Marsal Canada Inc. · firm quote: The Supplemental Order appointed Alvarez & Marsal Canada Inc. (' A&M ') as the information officer · hours total: quote: 29.5 · value: 29.5 · context quote: A&M was appointed as Information Officer pursuant to the Supplemental Order (Foreign Main Proceeding); form: time_summary · rows: A. Hutchens; M. MacKenzie; R. Gruneir; A. Sterling · money: tax: label: HST @ 13% · quote: 5,428.22 · amount: 5428.22 · fees: quote: $41,755.50 · amount: 41755.5 · total: quote: $47,183.72 · amount: 47183.72 · includes tax: true · includes disbursements: false · approximate: false · period: end: 2020-04-18 · kind: invoice · quote: for the period March 15 to April 18, 2020 · start: 2020-03-15 · approval: state: unstated · averages: · currency: code: CAD · quote: TOTAL INVOICE (in $CAD) · invoices: · firm text: Alvarez & Marsal Canada Inc. · firm quote: The Supplemental Order appointed Alvarez & Marsal Canada Inc. (' A&M ') as the information officer · hours total: quote: 57.3 · value: 57.3 · context quote: A&M was appointed as Information Officer pursuant to the Supplemental Order (Foreign Main Proceeding); form: time_summary · rows: A. Hutchens; M. MacKenzie; R. Gruneir; A. Sterling · money: tax: label: HST @ 13% · quote: 959.53 · amount: 959.53 · fees: quote: $7,181.00 · amount: 7181 · total: quote: $8,340.53 · amount: 8340.53 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: 200.00 · amount: 200 · period: end: 2020-05-23 · kind: invoice · quote: for the period April 19 to May 23, 2020 · start: 2020-04-19 · approval: state: unstated · averages: · currency: code: CAD · quote: TOTAL INVOICE (in $CAD) · invoices: · firm text: Alvarez & Marsal Canada Inc. · firm quote: The Supplemental Order appointed Alvarez & Marsal Canada Inc. (' A&M ') as the information officer · hours total: quote: 9.7 · value: 9.7 · context quote: A&M was appointed as Information Officer pursuant to the Supplemental Order (Foreign Main Proceeding); form: time_summary · rows: A. Hutchens; M. MacKenzie; R. Gruneir · money: tax: label: HST @ 13% · quote: 1,625.13 · amount: 1625.13 · fees: quote: $12,426.00 · amount: 12426 · total: quote: $14,126.13 · amount: 14126.13 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: 75.00 · amount: 75 · period: end: 2020-06-27 · kind: invoice · quote: for the period May 24 to June 27, 2020 · start: 2020-05-24 · approval: state: unstated · averages: · currency: code: CAD · quote: TOTAL INVOICE (in $CAD) · invoices: · firm text: Alvarez & Marsal Canada Inc. · firm quote: The Supplemental Order appointed Alvarez & Marsal Canada Inc. (' A&M ') as the information officer · hours total: quote: 17.2 · value: 17.2 · context quote: A&M was appointed as Information Officer pursuant to the Supplemental Order (Foreign Main Proceeding); form: time_summary · rows: A. Hutchens; M. MacKenzie; A. Sterling · money: tax: label: HST @ 13% · quote: 1,002.56 · amount: 1002.56 · fees: quote: $7,712.00 · amount: 7712 · total: quote: $8,714.56 · amount: 8714.56 · includes tax: true · includes disbursements: false · approximate: false · period: end: 2020-07-25 · kind: invoice · quote: for the period June 28 to July 25, 2020 · start: 2020-06-28 · approval: state: unstated · averages: · currency: code: CAD · quote: TOTAL INVOICE (in $CAD) · invoices: · firm text: Alvarez & Marsal Canada Inc. · firm quote: The Supplemental Order appointed Alvarez & Marsal Canada Inc. (' A&M ') as the information officer · hours total: quote: 9.8 · value: 9.8 · context quote: A&M was appointed as Information Officer pursuant to the Supplemental Order (Foreign Main Proceeding); form: time_summary · rows: A. Hutchens; M. MacKenzie; R. Gruneir; A. Sterling · money: tax: label: HST @ 13% · quote: 2,515.89 · amount: 2515.89 · fees: quote: $19,003.00 · amount: 19003 · total: quote: $21,868.89 · amount: 21868.89 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: 350.00 · amount: 350 · period: end: 2020-10-07 · kind: invoice · quote: for the period July 26 to October 7, 2020 · start: 2020-07-26 · approval: state: unstated · averages: · currency: code: CAD · quote: TOTAL INVOICE (in $CAD) · invoices: · firm text: Alvarez & Marsal Canada Inc. · firm quote: The Supplemental Order appointed Alvarez & Marsal Canada Inc. (' A&M ') as the information officer · hours total: quote: 25.3 · value: 25.3 · context quote: A&M was appointed as Information Officer pursuant to the Supplemental Order (Foreign Main Proceeding); form: invoice_listing · rows: Elizabeth Pillon; Maria Konyukhova; Lee Nicholson; Meaghan Obee Tower; Emma Walter; Daphne MacKenzie; Shona Sinclair; Scott Perrin; Amy Nugent; Lorrelei Breton; Marco Garcia; Jasmyn Civin; Kelly Niebergall; Khalfan Khalfan; Peter Hamilton; Madison Vonk · money: tax: label: BCPST/HST · quote: $22,646.38 · amount: 22646.38 · fees: quote: $156,260.20 · amount: 156260.2 · total: quote: $192,526.24 · amount: 192526.24 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: $13,619.66 · amount: 13619.66 · period: end: 2020-10-05 · kind: cumulative · quote: Stikeman Elliott Fees - February 12, 2020 - October 5, 2020 Breakdown by Timekeepers · start: 2020-02-12 · approval: state: unstated · averages: · currency: · invoices: tax: 1860.08 · date: 2020-03-06 · fees: 13928.25 · quote: March 6, 2020 | 5813236 | $13,928.25 | $317.09 | $1,860.08 | $16,105.42 · total: 16105.42 · disbursements: 317.09; tax: 9520.6 · date: 2020-03-06 · fees: 71129.15 · quote: March 6, 2020 | 5813245 | 71,129.15 | 1,817.34 | 9,520.60 | 82,467.09 · total: 82467.09 · disbursements: 1817.34; tax: 5127.52 · date: 2020-04-09 · fees: 23986.1 · quote: April 9, 2020 | 5799046 | 23,986.10 | 11,485.23 | 5,127.52 | 40,598.85 · total: 40598.85 · disbursements: 11485.23; tax: 2811.39 · date: 2020-05-07 · fees: 21626.05 · quote: May 7, 2020 | 5809728 | 21,626.05 | - | 2,811.39 | 24,437.44 · total: 24437.44; tax: 1114.05 · date: 2020-07-10 · fees: 8569.6 · quote: July 10, 2020 | 5825525 | 8,569.60 | - | 1,114.05 | 9,683.65 · total: 9683.65; tax: 1114.67 · date: 2020-08-10 · fees: 8574.35 · quote: August 10, 2020 | 5831376 | 8,574.35 | - | 1,114.67 | 9,689.02 · total: 9689.02; tax: 1098.07 · date: 2020-10-07 · fees: 8446.7 · quote: October 7, 2020 | 5840570 | 8,446.70 | - | 1,098.07 | 9,544.77 · total: 9544.77 · firm text: Stikeman Elliott LLP · firm quote: The Information Officer retained Stikeman Elliott LLP as its counsel in these proceedings. · context quote: The Information Officer retained Stikeman Elliott LLP as its counsel in these proceedings.
- operational summaryPier 1's Canadian operations were wound down early in 2020 and largely unaffected by COVID-19; the Chapter 11 Debtors are implementing a confirmed liquidating plan to wind down U.S. operations and distribute sale proceeds to stakeholders.
- professional feesnote: Comprised of fees of $179,151.00, disbursements of $18,090.28 and HST of $25,641.37; Stikeman Elliott LLP (legal counsel) fees and disbursements for February 12, 2020 to October 5, 2020 totalled $192,526.24, comprised of fees of $156,260.20, disbursements of $13,619.66, and HST/BC PST of $22,646.38 · party: Information Officer (Alvarez & Marsal Canada Inc.) · amount: 222882.65 · period: February 6, 2020 to October 7, 2020 · currency: CAD
- recovery outcomeentries: basis: unstated · quote: payment in full of DIP Claims; · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: monitor · class label: DIP Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: of the remaining distributable proceeds, 88% will be paid to holders of Term Loan Claims and 12% will be paid to holders of Administrative Claims and other priority claims. · pct of: unstated · outcome: distribution · pct low: 88 · pct high: 88 · class key: secured · stated by: monitor · class label: Term Loan Claims · interim final: unstated · conditional on: of the remaining distributable proceeds, paid pro-rata within the class · claims qualifier: unstated; basis: plan · quote: of the remaining distributable proceeds, 88% will be paid to holders of Term Loan Claims and 12% will be paid to holders of Administrative Claims and other priority claims. · pct of: unstated · outcome: distribution · pct low: 12 · pct high: 12 · class key: preferred · stated by: monitor · class label: Administrative Claims and other priority claims · interim final: unstated · conditional on: of the remaining distributable proceeds, paid pro-rata within the class · claims qualifier: unstated; basis: plan · quote: general unsecured creditors will be paid their pro-rata share of the distributable proceeds only if all senior claims are paid in full, including the Term Loan Claims. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: monitor · class label: general unsecured creditors · interim final: unstated · conditional on: only if all senior claims are paid in full, including the Term Loan Claims · claims qualifier: unstated · stated on: 2020-10-08 · table missing:
- report date8 October 2020
- report noSixth Report