Ontario · CCAA
Third Report of the Monitor dated August 25, 2025
Court officer report · 25 August 2025
Also filed as: Third Report of the Monitor dated August 25, 2025
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What we verified from this filing7 verified
- report date25 August 2025
- report noThird Report
- operational summaryHakim Optical is a Canadian retail optical chain operating from 70 retail locations (including 9 owned by Evelyn Aimis), employing approximately 267 individuals; Labs operates two laboratories in the GTA manufacturing Hakim Optical branded lenses with approximately 10 employees; HOWL has no active business operations or assets.
- cash on handamount: 349 · currency: CAD
- professional feesMonitor's fees: $191,178.25; Chaitons' fees: $43,695.00 (each excluding disbursements and HST, up to and including July 31, 2025)
- receipts cumulativeamount: 6702000 · currency: CAD
- fee scheduleengagements: form: prose · rows: · money: approximate: false · period: end: 2025-07-31 · kind: invoice · label: the Accounts · quote: for the period commencing April 1, 2025 to and including July 31, 2025 (the ' Accounts ') · start: 2025-04-01 · approval: state: unstated · averages: rate: 641.54 · quote: the Monitor's average hourly rate for the Period was $641.54 · scope: the Monitor · currency: · invoices: · firm text: KSV Restructuring Inc. · firm quote: KSV Restructuring Inc. (' KSV ') · context quote: in its capacity as CCAA Monitor of the Applicants in this proceeding, and not in its personal capacity, for the period commencing April 1, 2025 to and including July 31, 2025 (the ' Accounts ').; form: prose · rows: · money: approximate: false · period: kind: unstated · approval: state: unstated · averages: rate: 774.73 · quote: The average hourly rates for the Monitor and Chaitons for the referenced billing periods were $641.54 and $774.73, respectively. · scope: Chaitons · currency: · invoices: · firm text: Chaitons · firm quote: Chaitons · context quote: The average hourly rates for the Monitor and Chaitons for the referenced billing periods were $641.54 and $774.73, respectively.