Ontario · CCAA
Seventeenth Report of the Monitor dated May 21, 2021
Court officer report · 21 May 2021
Also filed as: Thirteenth Report of the Proposal Trustee dated May 21, 2021
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What we verified from this filing2 verified
- fee scheduleengagements: form: prose · rows: · money: approximate: false · period: kind: unstated · approval: state: unstated · averages: rate: 570.18 · quote: The average hourly rates for KSV and Bennett Jones for the referenced billing periods were $570.18 and $549.66, respectively. · currency: · invoices: · firm text: KSV Restructuring Inc. · firm quote: KSV Restructuring Inc. ('KSV') · context quote: KSV Restructuring Inc. ('KSV') 1 was appointed monitor (in such capacity, the 'Monitor'); form: prose · rows: · money: approximate: false · period: end: 2021-04-30 · kind: invoice · quote: for the period between February 1, 2021 and April 30, 2021 · start: 2021-02-01 · approval: state: unstated · averages: rate: 549.66 · quote: The average hourly rates for KSV and Bennett Jones for the referenced billing periods were $570.18 and $549.66, respectively. · currency: · invoices: · firm text: Bennett Jones · firm quote: the accounts of Bennett Jones rendered to the Monitor for the fees and disbursements incurred by Bennett Jones in connection with these proceedings for the period between February 1, 2021 and April 30, 2021. · context quote: the accounts of Bennett Jones rendered to the Monitor for the fees and disbursements incurred by Bennett Jones in connection with these proceedings for the period between February 1, 2021 and April 30, 2021.
- recovery outcomeentries: basis: actual · quote: the Monitor has distributed from the Surplus: (a) the full amount owing to 2557725 Ontario Inc.; and (b) approximately $4.4 million, representing 50% of the amounts owing to the other Wang secured creditors. · pct of: unstated · outcome: distribution · pct low: 50 · pct high: 50 · class key: secured · stated by: monitor · amount low: 4400000 · amount high: 4400000 · class label: other Wang secured creditors · interim final: unstated · claims qualifier: unstated · stated on: 2021-05-21 · table missing: