Ontario · Receivership (court-appointed)
Second Report of the Receiver dated April 29, 2020
Court officer report · 29 April 2020
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing2 verified
- fee scheduleengagements: form: invoice_listing · rows: · money: tax: label: HST · quote: $ 2,386.80 · amount: 2386.8 · fees: quote: $ 18,360.00 · amount: 18360 · total: quote: $ 20,746.80 · amount: 20746.8 · includes tax: true · includes disbursements: false · approximate: false · period: end: 2020-03-31 · kind: cumulative · label: the Period · quote: In the Matter of the Receivership of Summary of Receiver's Fees 168 Old Kennedy Road, Markham, Ontario For the Period February 1, 2020 to March 31, 2020 · start: 2020-02-01 · approval: state: unstated · averages: rate: 488.3 · quote: The average hourly rate charged during the Period was $488.30. · currency: · invoices: tax: 876.85 · date: 2020-03-05 · fees: 6745 · quote: 05-Mar-20 | February 1 to February 29, 2020 · total: 7621.85 · period end: 2020-02-29 · average rate: 471.68 · period start: 2020-02-01; tax: 1509.95 · date: 2020-04-17 · fees: 11615 · quote: 17-Apr-20 | March 1 to March 31, 2020 · total: 13124.95 · period end: 2020-03-31 · average rate: 498.5 · period start: 2020-03-01 · firm text: RSM Canada Limited · firm quote: RSM Canada Limited (' RSM ' or the ' Receiver ') was appointed as receiver · hours total: quote: 37.6 · value: 37.6 · context quote: RSM Canada Limited (' RSM ' or the ' Receiver ') was appointed as receiver of the property municipally known as 168 Old Kennedy Road, Markham, Ontario; form: time_summary · rows: Daniel R. Weisz; Brenda Wong; Echa Odeh; Anne Baptiste; fees: 11615 · hours: 23.3 · quote: Total hours and professional fees | | 23.3 | | 11,615.00 $ · row kind: subtotal · rate kind: standard · name as stated: Total hours and professional fees · money: tax: label: HST @ 13% · quote: 1,509.95 · amount: 1509.95 · fees: quote: 11,615.00 $ · amount: 11615 · total: quote: 13,124.95 $ · amount: 13124.95 · includes tax: true · includes disbursements: false · approximate: false · period: end: 2020-03-31 · kind: invoice · quote: for the period March 1, 2020 to March 31, 2020 · start: 2020-03-01 · approval: state: unstated · averages: · currency: · invoices: · firm text: RSM Canada Limited · firm quote: RSM Canada Limited (' RSM ' or the ' Receiver ') was appointed as receiver · hours total: quote: 23.3 · value: 23.3 · context quote: For professional services rendered with respect to the appointment of RSM Canada Limited as Courtappointed Receiver of 168 Old Kennedy Road, Markham, Ontario (the 'Property') for the period March 1, 2020 to March 31, 2020.; form: time_summary · rows: Bryan A. Tannenbaum; Daniel R. Weisz; Brenda Wong; Anne Baptiste; fees: 6745 · hours: 14.3 · quote: Total hours and professional fees | | 14.3 | | 6,745.00 $ · row kind: subtotal · rate kind: standard · name as stated: Total hours and professional fees · money: tax: label: HST @ 13% · quote: 876.85 · amount: 876.85 · fees: quote: 6,745.00 $ · amount: 6745 · total: quote: 7,621.85 $ · amount: 7621.85 · includes tax: true · includes disbursements: false · approximate: false · period: end: 2020-02-29 · kind: invoice · quote: February 1 to February 29, 2020 · start: 2020-02-01 · approval: state: unstated · averages: · currency: · invoices: · firm text: RSM Canada Limited · firm quote: RSM Canada Limited (' RSM ' or the ' Receiver ') was appointed as receiver · hours total: quote: 14.3 · value: 14.3 · context quote: For professional services rendered with respect to the appointment of RSM Canada Limited as Courtappointed Receiver of 168 Old Kennedy Road, Markham, Ontario (the 'Property') for the period March 1, 2020 to March 31, 2020.; form: time_summary · rows: · money: approximate: false · period: kind: unstated · approval: state: unstated · averages: · currency: · invoices: · firm text: Paliare Roland Rosenberg Rothstein LLP · firm quote: Paliare Roland Rosenberg Rothstein LLP · context quote: The Receiver has retained the firm of Paliare Roland Rosenberg Rothstein LLP (' Paliare ') to act as the Receiver's independent legal counsel.
- recovery outcomeentries: basis: unstated · quote: the Receiver be authorized to make the Interim Distribution to Vector. · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · class label: Vector · creditor name: Vector Financial Services Limited · interim final: interim · claims qualifier: unstated · stated on: 2020-04-29 · table missing: