Ontario · Receivership (court-appointed)
Fourth Report of the Receiver dated June 8, 2020
Court officer report · 8 June 2020
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What we verified from this filing2 verified
- fee scheduleengagements: form: invoice_listing · rows: · money: tax: label: HST · quote: $ 3,883.74 · amount: 3883.74 · fees: quote: Total fees to May 31, 2020 · amount: 29792.5 · total: quote: $ 33,758.67 · amount: 33758.67 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: $ 82.43 · amount: 82.43 · period: end: 2020-05-31 · kind: cumulative · quote: Calculation of Average Hourly Billing Rates of RSM Canada Limited for the Period October 1, 2019 to May 31, 2020 and Estimate to Complete Administration · start: 2019-10-01 · approval: state: unstated · averages: rate: 357.22 · quote: $ 357.22 · currency: · invoices: tax: 2535.45 · fees: 19421 · quote: October 1 to December 31, 2019 · total: 22038.88 · period end: 2019-12-31 · average rate: 346.19 · period start: 2019-10-01 · disbursements: 82.43; tax: 292.18 · fees: 2247.5 · quote: January 1 to 31, 2020 · total: 2539.68 · period end: 2020-01-31 · average rate: 335.45 · period start: 2020-01-01; tax: 214.83 · fees: 1652.5 · quote: February 1 to 29, 2020 · total: 1867.33 · period end: 2020-02-29 · average rate: 375.57 · period start: 2020-02-01; tax: 599.5 · fees: 4611.5 · quote: March 1 to 31, 2020 · total: 5211 · period end: 2020-03-31 · average rate: 411.74 · period start: 2020-03-01; tax: 241.8 · fees: 1860 · quote: April 1 to May 31, 2020 · total: 2101.8 · period end: 2020-05-31 · average rate: 372 · period start: 2020-04-01 · firm text: RSM Canada Limited · firm quote: RSM CANADA LIMITED · hours total: quote: 83.40 · value: 83.4 · context quote: For professional services rendered with respect to the appointment of RSM Canada Limited as Courtappointed Receiver of Amax Health Inc. for the period January 1, 2020 to January 31, 2020.; form: time_summary · rows: Bryan A. Tannenbaum; Daniel R. Weisz; Arif N. Dhanani; Brenda Wong; Jeffrey K. Berger; Usama Emad; Anne Baptiste · money: tax: label: HST @ 13% · quote: 2,535.45 · amount: 2535.45 · fees: quote: 19,421.00 $ · amount: 19421 · total: quote: $22,038.88 · amount: 22038.88 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: 82.43 · amount: 82.43 · period: end: 2019-12-31 · kind: invoice · quote: October 1 to December 31, 2019 · start: 2019-10-01 · approval: state: unstated · averages: · currency: · invoices: · firm text: RSM Canada Limited · firm quote: RSM CANADA LIMITED · hours total: quote: 56.1 · value: 56.1 · context quote: For professional services rendered with respect to the appointment of RSM Canada Limited as Courtappointed Receiver of Amax Health Inc. for the period January 1, 2020 to January 31, 2020.; form: time_summary · rows: Arif N. Dhanani; Brenda Wong; fees: 154 · rate: 110 · hours: 1.4 · quote: Anne Baptiste/Donna Nishimura | Estate Administrator | 1.4 | 110 $ | 154.00 · title: Estate Administrator · row kind: bucket · rate kind: standard · name as stated: Anne Baptiste/Donna Nishimura · money: tax: label: HST @ 13% · quote: 292.18 · amount: 292.18 · fees: quote: 2,247.50 $ · amount: 2247.5 · total: quote: 2,539.68 $ · amount: 2539.68 · includes tax: true · approximate: false · period: end: 2020-01-31 · kind: invoice · quote: For professional services rendered with respect to the appointment of RSM Canada Limited as Courtappointed Receiver of Amax Health Inc. for the period January 1, 2020 to January 31, 2020. · start: 2020-01-01 · approval: state: unstated · averages: · currency: · invoices: · firm text: RSM Canada Limited · firm quote: RSM CANADA LIMITED · hours total: quote: 6.7 · value: 6.7 · context quote: For professional services rendered with respect to the appointment of RSM Canada Limited as Courtappointed Receiver of Amax Health Inc. for the period January 1, 2020 to January 31, 2020.; form: time_summary · rows: Brenda Wong; fees: 33 · rate: 110 · hours: 0.3 · quote: Anne Baptiste/Donna Nishimura | Estate Administrator | 0.3 | 110 $ | 33.00 · title: Estate Administrator · row kind: bucket · rate kind: standard · name as stated: Anne Baptiste/Donna Nishimura · money: tax: label: HST @ 13% · quote: 214.83 · amount: 214.83 · fees: quote: 1,652.50 $ · amount: 1652.5 · total: quote: 1,867.33 $ · amount: 1867.33 · includes tax: true · approximate: false · period: end: 2020-02-29 · kind: invoice · quote: For professional services rendered with respect to the appointment of RSM Canada Limited as Courtappointed Receiver of Amax Health Inc. for the period February 1, 2020 to February 29, 2020. · start: 2020-02-01 · approval: state: unstated · averages: · currency: · invoices: · firm text: RSM Canada Limited · firm quote: RSM CANADA LIMITED · hours total: quote: 4.4 · value: 4.4 · context quote: For professional services rendered with respect to the appointment of RSM Canada Limited as Courtappointed Receiver of Amax Health Inc. for the period January 1, 2020 to January 31, 2020.; form: time_summary · rows: Bryan A. Tannenbaum; Daniel R. Weisz; Arif N. Dhanani; Brenda Wong; Anne Baptiste · money: tax: label: HST @ 13% · quote: 599.50 · amount: 599.5 · fees: quote: 4,611.50 $ · amount: 4611.5 · total: quote: 5,211.00 $ · amount: 5211 · includes tax: true · approximate: false · period: end: 2020-03-31 · kind: invoice · quote: For professional services rendered with respect to the appointment of RSM Canada Limited as Courtappointed Receiver of Amax Health Inc. 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 · hours total: quote: 11.2 · value: 11.2 · context quote: For professional services rendered with respect to the appointment of RSM Canada Limited as Courtappointed Receiver of Amax Health Inc. for the period January 1, 2020 to January 31, 2020.; form: time_summary · rows: Daniel R. Weisz; Arif N. Dhanani; Brenda Wong; Anne Baptiste; Arif N. Dhanani; Brenda Wong; Jeffrey K. Berger; Echa Odeh; Anne Baptiste · money: tax: label: HST @ 13% · quote: 241.80 · amount: 241.8 · fees: quote: 1,860.00 $ · amount: 1860 · total: quote: 2,101.80 $ · amount: 2101.8 · includes tax: true · approximate: false · period: end: 2020-05-31 · kind: invoice · quote: For professional services rendered with respect to the appointment of RSM Canada Limited as Courtappointed Receiver of Amax Health Inc. for the period April 1, 2020 to May 31, 2020. · start: 2020-04-01 · approval: state: unstated · averages: · currency: · invoices: · firm text: RSM Canada Limited · firm quote: RSM CANADA LIMITED · hours total: quote: 5.0 · value: 5 · context quote: For professional services rendered with respect to the appointment of RSM Canada Limited as Courtappointed Receiver of Amax Health Inc. for the period January 1, 2020 to January 31, 2020.; form: time_summary · rows: Michael J. Valente; Colleen Yamashita; Danielle Iampietro; Mark Milanetti; fees: 659.75 · rate: 145 · hours: 4.55 · quote: Articling Students | AS | 4.55 | $145.00 | $ 659.75 · title: AS · row kind: bucket · rate kind: standard · name as stated: Articling Students · money: tax: label: HST @ 13.0% · quote: $ 1,883.54 · amount: 1883.54 · fees: quote: $14,488.75 · amount: 14488.75 · total: quote: $16,372.29 · amount: 16372.29 · includes tax: true · approximate: false · period: end: 2020-05-29 · kind: cumulative · quote: October 1/19 to May 29/20 · start: 2019-10-01 · approval: state: unstated · averages: rate: 427.4 · quote: $427.40 · currency: · invoices: · firm text: Scarfone Hawkins LLP · firm quote: SCARFONE HAWKINS LLP · hours total: quote: 33.90 · value: 33.9 · context quote: The fees and disbursements of Scarfone Hawkins for the period from June 5, 2019 to September 30, 2019 were previously approved by the Court pursuant to the July 25 Order, the Approval and Vesting Order and the October 24 Order.
- recovery outcomeentries: basis: actual · quote: After repayments of $821,900 CIBC, representing payment in full of Amax's indebtedness to CIBC and the transfer of $160,000 to the bankruptcy estate, the Receiver's net cash balance as at June 8, 2020 was $104,065. · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: receiver · amount low: 821900 · amount high: 821900 · class label: CIBC · creditor name: CIBC · interim final: unstated · claims qualifier: unstated · stated on: 2020-06-08 · table missing: