Ontario · Receivership (court-appointed)
Supplement to the Receiver’s Fourth Report to the Court dated May 22, 2026 - 2 of 2
Affidavit · 22 May 2026
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What we verified from this filing1 verified
- fee scheduleengagements: form: prose · rows: · money: approximate: false · period: end: 2025-04-20 · kind: unstated · quote: the Receiver's R&D is for the period March 14, 2023 to April 20, 2025 · start: 2023-03-14 · approval: state: unstated · averages: rate: 438.71 · quote: the Receiver's average hourly rate of $438.71 is excessive · scope: the Receiver's average hourly rate · currency: · invoices: · firm text: TDB Restructuring Limited · firm quote: the Court granted an order substituting the name TDB Restructuring Limited in place of RSM Canada Limited as Receiver. · context quote: the Receiver's R&D is for the period March 14, 2023 to April 20, 2025, which is a period of 23 months as opposed to 4 months (being January to April 2025); · comparability quote: the Receiver's average hourly rate in respect of this mandate is below market and was discounted to consider the natu