Ontario · CCAA
Third Report of the Monitor dated February 3, 2022
Court officer report · 3 February 2022
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What we verified from this filing5 verified
- fee scheduleengagements: form: prose · rows: · money: approximate: false · period: kind: unstated · approval: state: unstated · averages: rate: 525.72 · quote: The average hourly rate is $525.72. · currency: · invoices: quote: FOR PROFESSIONAL SERVICES RENDERED on your behalf throughout the period ended September 29, 2021: · period end: 2021-09-29; quote: FOR PROFESSIONAL SERVICES RENDERED on your behalf throughout the period ended October 15, 2021: · period end: 2021-10-15; quote: FOR PROFESSIONAL SERVICES RENDERED on your behalf throughout the period ended November 30, 2021: · period end: 2021-11-30; quote: FOR PROFESSIONAL SERVICES RENDERED on your behalf throughout the period ended December 2, 2021: · period end: 2021-12-02; quote: FOR PROFESSIONAL SERVICES RENDERED on your behalf throughout the period ended January 25, 2022: · period end: 2022-01-25 · firm text: Aird & Berlis LLP · firm quote: The Monitor engaged Aird & Berlis LLP as its independent legal counsel (the ' Monitor's Counsel '). · context quote: The Monitor engaged Aird & Berlis LLP as its independent legal counsel (the ' Monitor's Counsel ').; form: prose · rows: · money: fees: quote: the proposed accrual of legal fees and disbursements to capture the period from and after January 31, 2022 to the discharge of the Monitor is $15,000, exclusive of disbursements and HST · amount: 15000 · approximate: true · period: kind: unstated · quote: the proposed accrual of legal fees and disbursements to capture the period from and after January 31, 2022 to the discharge of the Monitor is $15,000, exclusive of disbursements and HST · start: 2022-01-31 · approval: state: unstated · averages: · currency: · invoices: · context quote: Assuming that this Honourable Court grants an Order as requested, without opposition, the proposed accrual of legal fees and disbursements to capture the period from and after January 31, 2022 to the discharge of the Monitor is $15,000, exclusive of disbursements and HST. · firm unverified: true
- process resultsbids: 0 · ndas: 2 · note: Three Interested Parties advised the Monitor that they wished to commence due diligence; only 2 executed an NDA; no Binding APAs other than the Stalking Horse Agreement were received by the Bid Deadline · as of: 2022-01-04 · qualified bids: 0
- purchaserAsset Profits Limited
- sale outcometext: Stalking Horse Agreement declared Successful Bid; parties seeking additional time to close · scope: whole_business · status: bid_selected
- stalking horseAsset Profits Limited (1079818.85)