Ontario · Receivership (court-appointed)
Supplemental to First Report of the Receiver date July 8, 2024.pdf
Court officer report · 8 July 2024
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What we verified from this filing5 verified
- cash on handnote: Balance in the receivership account. · as at: 2024-07-08 · amount: 40000366.98 · currency: CAD
- operational summaryThe Receiver is winding down the receivership, transitioning control of the Debtor's operations back to Controlex, and is satisfied that creditors are being paid in the normal course, concluding there is no further need for the receivership to continue.
- professional feesnote: Includes HST of $10,653.07 on base fees of $81,946.49; separately, Baker McKenzie LLP (Receiver's counsel) fees to July 4, 2024 totalled $90,345.29 (including $33.00 disbursements and $10,392.79 HST); an estimated $50,000 in additional 'Final Fees' plus up to $5,000 in outstanding disbursements is also anticipated. · party: Receiver (Grant Thornton Limited) · amount: 92599.75 · period: to July 5, 2024 · currency: CAD
- report date8 July 2024
- report noSupplemental Report to the First Report of the Receiver