Alberta · Receivership (court-appointed)
Fourth Report of the Receiver (June 28, 2021)
Court officer report · 28 June 2021
A plain-language read of this filing opens with a subscription.
What we verified from this filing2 verified
- fee scheduleengagements: form: invoice_listing · rows: · money: tax: label: GST · quote: 10,585.44 $ · amount: 10585.44 · fees: quote: 211,420.76 $ · amount: 211420.76 · total: quote: 222,294.15 $ · amount: 222294.15 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: 287.95 $ · amount: 287.95 · period: end: 2021-05-31 · kind: cumulative · quote: Summary of Receiver's Fees and Disbursements May 1, 2020 to May 31, 2021 · start: 2020-05-01 · approval: quote: Invoices Subject to Court Approval · state: sought · averages: · currency: · invoices: tax: 1028.65 · fees: 20573 · quote: LREIT - 10 | May 1, 2020 to May 31, 2020 | 20,573.00 · total: 21601.65 · period end: 2020-05-31 · period start: 2020-05-01 · disbursements: 0; tax: 1208 · fees: 24160 · quote: LREIT - 11 | June 1, 2020 to June 30, 2020 | 24,160.00 · total: 25368 · period end: 2020-06-30 · period start: 2020-06-01 · disbursements: 0; tax: 440.78 · fees: 8717.5 · quote: LREIT - 12 | July 1, 2020 to July 31, 2020 | 8,717.50 · total: 9256.29 · period end: 2020-07-31 · period start: 2020-07-01 · disbursements: 98.01; tax: 426.06 · fees: 8521.26 · quote: LREIT - 13 | August 1, 2020 to August 31, 2020 | 8,521.26 · total: 8947.32 · period end: 2020-08-31 · period start: 2020-08-01 · disbursements: 0; tax: 1118.68 · fees: 22300.5 · quote: LREIT - 14 | September 1, 2020 to September 30, 2020 | 22,300.50 · total: 23492.36 · period end: 2020-09-30 · period start: 2020-09-01 · disbursements: 73.18; tax: 1494.96 · fees: 29840 · quote: LREIT - 15 | October 1, 2020 to October 31, 2020 | 29,840.00 · total: 31394.07 · period end: 2020-10-31 · period start: 2020-10-01 · disbursements: 59.11; tax: 358.65 · fees: 7141 · quote: LREIT - 16 | November 1, 2020 to November 30, 2020 | 7,141.00 · total: 7531.69 · period end: 2020-11-30 · period start: 2020-11-01 · disbursements: 32.04; tax: 92.78 · fees: 1830 · quote: LREIT - 17 | December 1, 2020 to December 31, 2020 | 1,830.00 · total: 1948.39 · period end: 2020-12-31 · period start: 2020-12-01 · disbursements: 25.61; tax: 662.63 · fees: 13252.5 · quote: LREIT - 18 | January 1, 2021 to January 31, 2021 | 13,252.50 · total: 13915.13 · period end: 2021-01-31 · period start: 2021-01-01 · disbursements: 0; tax: 1419.88 · fees: 28397.5 · quote: LREIT - 19 | February 1, 2021 to March 31, 2021 | 28,397.50 · total: 29817.38 · period end: 2021-03-31 · period start: 2021-02-01 · disbursements: 0; tax: 1257.75 · fees: 25155 · quote: LREIT - 20 | April 1, 2021 to April 30, 2021 | 25,155.00 · total: 26412.75 · period end: 2021-04-30 · period start: 2021-04-01 · disbursements: 0; tax: 1076.63 · fees: 21532.5 · quote: LREIT - 21 | May 1, 2021 to May 31, 2021 | 21,532.50 · total: 22609.13 · period end: 2021-05-31 · period start: 2021-05-01 · disbursements: 0 · firm text: Alvarez & Marsal Canada Inc. · firm quote: ALVAREZ & MARSAL CANADA INC. · context quote: Summary of Receiver's Fees and Disbursements May 1, 2020 to May 31, 2021; form: invoice_listing · rows: · money: tax: label: GST · quote: 29,433.16 $ · amount: 29433.16 · fees: quote: 574,548.50 $ · amount: 574548.5 · total: quote: 618,096.32 $ · amount: 618096.32 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: 14,114.66 $ · amount: 14114.66 · period: end: 2020-04-30 · kind: invoice · quote: Invoices Previously Approved by the Court · start: 2019-02-28 · approval: quote: Invoices Previously Approved by the Court · state: approved · averages: · currency: · invoices: tax: 8135.1 · fees: 161782.5 · quote: LREIT - 1 | February 28, 2019 to March 31, 2019 | 161,782.50 · total: 170837.14 · period end: 2019-03-31 · period start: 2019-02-28 · disbursements: 919.54; tax: 6731.91 · fees: 126140 · quote: LREIT - 2 | April 1, 2019 to June 30, 2019 | 126,140.00 · total: 141370.08 · period end: 2019-06-30 · period start: 2019-04-01 · disbursements: 8498.17; tax: 2571.93 · fees: 51300 · quote: LREIT - 3 | July 1, 2019 to August 31, 2019 | 51,300.00 · total: 54010.55 · period end: 2019-08-31 · period start: 2019-07-01 · disbursements: 138.62; tax: 1128.13 · fees: 22562.5 · quote: LREIT - 4 | September 1, 2019 to September 30, 2019 | 22,562.50 · total: 23690.63 · period end: 2019-09-30 · period start: 2019-09-01 · disbursements: 0; tax: 2308.74 · fees: 45867.5 · quote: LREIT - 5 | October 1, 2019 to October 31, 2019 | 45,867.50 · total: 48483.45 · period end: 2019-10-31 · period start: 2019-10-01 · disbursements: 307.21; tax: 4190.99 · fees: 82280 · quote: LREIT - 6 | November 1, 2019 to December 31, 2019 | 82,280.00 · total: 88010.75 · period end: 2019-12-31 · period start: 2019-11-01 · disbursements: 1539.76; tax: 1936.03 · fees: 38594.5 · quote: LREIT - 7 | January 1, 2020 to February 29, 2020 | 38,594.50 · total: 40656.68 · period end: 2020-02-29 · period start: 2020-01-01 · disbursements: 126.15; tax: 1256.64 · fees: 22667 · quote: LREIT - 8 | March 1, 2020 to March 31, 2020 | 22,667.00 · total: 26389.43 · period end: 2020-03-31 · period start: 2020-03-01 · disbursements: 2465.79; tax: 1173.7 · fees: 23354.5 · quote: LREIT - 9 | April 1, 2020 to April 30, 2020 | 23,354.50 · total: 24647.62 · period end: 2020-04-30 · period start: 2020-04-01 · disbursements: 119.42 · firm text: Alvarez & Marsal Canada Inc. · firm quote: ALVAREZ & MARSAL CANADA INC. · context quote: Summary of Receiver's Fees and Disbursements May 1, 2020 to May 31, 2021; form: invoice_listing · rows: · money: tax: label: GST · quote: 4,620.09 $ · amount: 4620.09 · fees: quote: 89,843.00 $ · amount: 89843 · total: quote: 97,071.79 $ · amount: 97071.79 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: 2,608.70 $ · amount: 2608.7 · period: end: 2021-05-31 · kind: cumulative · quote: May 1, 2020 to May 31, 2021 Summary of the Receiver's counsel (BDP) Fees and Disbursements · start: 2020-05-01 · approval: quote: Invoices subject to Court Approval · state: sought · averages: · currency: · invoices: tax: 1064.37 · fees: 19627 · quote: 203452878 | May 1, 2020 to May 31, 2020 | 19,627.00 · total: 22351.76 · period end: 2020-05-31 · period start: 2020-05-01 · disbursements: 1660.39; tax: 1040.91 · fees: 20608 · quote: 203453641 | June 1, 2020 to June 30, 2020 | 20,608.00 · total: 21909.16 · period end: 2020-06-30 · period start: 2020-06-01 · disbursements: 260.25; tax: 140.49 · fees: 2762.5 · quote: 203454397 | July 1, 2020 to July 31, 2020 | 2,762.50 · total: 2950.35 · period end: 2020-07-31 · period start: 2020-07-01 · disbursements: 47.36; tax: 322.28 · fees: 6407.5 · quote: 203455036 | August 1, 2020 to August 31, 2020 | 6,407.50 · total: 6767.78 · period end: 2020-08-31 · period start: 2020-08-01 · disbursements: 38; tax: 174.45 · fees: 3482 · quote: 203456105 | September 1, 2020 to September 30, 2020 | 3,482.00 · total: 3663.45 · period end: 2020-09-30 · period start: 2020-09-01 · disbursements: 7; tax: 178.49 · fees: 3552.5 · quote: 203456343 | October 1, 2020 to October 31, 2020 | 3,552.50 · total: 3748.24 · period end: 2020-10-31 · period start: 2020-10-01 · disbursements: 17.25; tax: 266.45 · fees: 5297.5 · quote: 203456965 | November 1, 2020 to November 30, 2020 | 5,297.50 · total: 5595.45 · period end: 2020-11-30 · period start: 2020-11-01 · disbursements: 31.5; tax: 136.3 · fees: 2228.5 · quote: 203459123 | December 1, 2020 to January 31, 2021 | 2,228.50 · total: 2862.25 · period end: 2021-01-31 · period start: 2020-12-01 · disbursements: 497.45; tax: 175.78 · fees: 3513.5 · quote: 203459467 | February 1, 2021 to February 28, 2021 | 3,513.50 · total: 3691.28 · period end: 2021-02-28 · period start: 2021-02-01 · disbursements: 2; tax: 398.55 · fees: 7923.5 · quote: 203459925 | March 1, 2021 to March 31, 2021 | 7,923.50 · total: 8369.55 · period end: 2021-03-31 · period start: 2021-03-01 · disbursements: 47.5; tax: 229.5 · fees: 4590 · quote: 203460775 | April 1, 2021 to April 30, 2021 | 4,590.00 · total: 4819.5 · period end: 2021-04-30 · period start: 2021-04-01 · disbursements: 0; tax: 492.53 · fees: 9850.5 · quote: 203461269 | May 1, 2021 to May 31, 2021 | 9,850.50 · total: 10343.03 · period end: 2021-05-31 · period start: 2021-05-01 · disbursements: 0 · firm text: Burnet, Duckworth & Palmer LLP · firm quote: Summary of the Receiver's counsel (BDP) Fees and Disbursements · context quote: BURNET, DUCKWORTH & PALMER LLP Suite 2400, 525-8th Ave SW Calgary, Alberta T2P 1G1 Attention: David LeGeyt; form: invoice_listing · rows: · money: tax: label: GST · quote: 14,442.80 $ · amount: 14442.8 · fees: quote: 282,538.55 $ · amount: 282538.55 · total: quote: 303,348.83 $ · amount: 303348.83 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: 6,367.48 $ · amount: 6367.48 · period: end: 2020-04-30 · kind: invoice · quote: Invoices subject to Court Approval · start: 2019-02-28 · approval: quote: Invoices subject to Court Approval · state: sought · averages: · currency: · invoices: tax: 6386.81 · fees: 122848.3 · quote: 203442724 | February 28, 2019 to June 30, 2019 | 122,848.30 · total: 134123.03 · period end: 2019-06-30 · period start: 2019-02-28 · disbursements: 4887.92; tax: 344.64 · fees: 6892.75 · quote: 203443523 | July 1, 2019 to July 31, 2019 | 6,892.75 · total: 7237.39 · period end: 2019-07-31 · period start: 2019-07-01 · disbursements: 0; tax: 1299.74 · fees: 25727 · quote: 203445213 | August 1, 2019 to September 30, 2019 | 25,727.00 · total: 27294.49 · period end: 2019-09-30 · period start: 2019-08-01 · disbursements: 267.75; tax: 2586.63 · fees: 51629 · quote: 203446289 | October 1, 2019 to October 31, 2019 | 51,629.00 · total: 54319.26 · period end: 2019-10-31 · period start: 2019-10-01 · disbursements: 103.63; tax: 1040.23 · fees: 19898.5 · quote: 203447167 | November 1, 2019 to November 30, 2019 | 19,898.50 · total: 21894.83 · period end: 2019-11-30 · period start: 2019-11-01 · disbursements: 956.1; tax: 461.08 · fees: 9133.5 · quote: 203447889 | December 1, 2019 to December 31, 2019 | 9,133.50 · total: 9682.58 · period end: 2019-12-31 · period start: 2019-12-01 · disbursements: 88; tax: 164.03 · fees: 3280.5 · quote: 203450865 | January 1, 2020 to February 29, 2020 | 3,280.50 · total: 3444.53 · period end: 2020-02-29 · period start: 2020-01-01 · disbursements: 0; tax: 764.03 · fees: 15280.5 · quote: 203451670 | March 1, 2020 to March 31, 2020 | 15,280.50 · total: 16044.53 · period end: 2020-03-31 · period start: 2020-03-01 · disbursements: 0; tax: 1395.63 · fees: 27848.5 · quote: 203452351 | April 1, 2020 - April 30, 2020 | 27,848.50 · total: 29308.21 · period end: 2020-04-30 · period start: 2020-04-01 · disbursements: 64.08 · firm text: Burnet, Duckworth & Palmer LLP · firm quote: Summary of the Receiver's counsel (BDP) Fees and Disbursements · context quote: BURNET, DUCKWORTH & PALMER LLP Suite 2400, 525-8th Ave SW Calgary, Alberta T2P 1G1 Attention: David LeGeyt
- recovery outcomeentries: basis: estimated · quote: As a result, Connect First is expected to suffer a shortfall and is considered the fulcrum creditor of the estate. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: Connect First · creditor name: Connect First · interim final: unstated · claims qualifier: unstated · stated on: 2021-06-28 · table missing: