Ontario · Receivership (court-appointed)
Motion Record - Approval of Sales Process dated November 5, 2024
Application / notice of application · 5 November 2024
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What we verified from this filing1 verified
- fee scheduleengagements: form: time_summary · rows: Mukul Manchanda; Gillian Goldblatt; Frank Kisluk; Eileen Sturge; fees: 135 · rate: 150 · hours: 0.9 · quote: Others | 0.90 | $150.00 | $135.00 · row kind: bucket · rate kind: standard · name as stated: Others; fees: 25190 · rate: 503.8 · hours: 50 · quote: Total Professional Services | 50.00 | $503.80 | $25,190.00 · row kind: subtotal · rate kind: average · name as stated: Total Professional Services · money: tax: label: HST · quote: HST | | | $3,274.70 · amount: 3274.7 · fees: quote: Total Professional Services | 50.00 | $503.80 | $25,190.00 · amount: 25190 · total: quote: for the period to and including September 30, 2024, the amount of $28,479.18 inclusive of disbursements and HST. · amount: 28479.18 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: Total Reimbursable Expenses | | | $12.81 · amount: 12.81 · period: end: 2024-09-30 · kind: invoice · quote: for the period to and including September 30, 2024, the amount of $28,479.18 inclusive of disbursements and HST. · approval: quote: I make this affidavit in support of the Receiver's motion for; inter alia , approval of its fees and disbursements and not for an improper purpose. · state: sought · averages: rate: 503.8 · quote: This represents a total of 50 hours at an average hourly rate of $503.80 excluding HST. · scope: excluding HST · currency: · invoices: · firm text: msi Spergel Inc. · firm quote: msi Spergel inc. (" Spergel "), '), in its capacity as the Court- appointed receiver and manager · hours total: quote: Total Professional Services | 50.00 | $503.80 | $25,190.00 · value: 50 · context quote: the court-appointed Receiver (' Receiver ') of all the assets, undertakings, and properties · context unverified: true · comparability quote: To the best of my knowledge the rates charged by MSI in connection with acting as Receiver are comparable to the rates charged by other firms in the Toronto market for the provision of similar services.