Ontario · Receivership (court-appointed)
Motion Record
Application / notice of application · 20 July 2016
A plain-language read of this filing opens with a subscription.
What we verified from this filing7 verified · 1 withheld
- applicantJIT SANDHER
- appointeeRosen Goldberg Inc.
- appointee roleReceiver
- courtSUPERIOR COURT OF JUSTICE (COMMERCIAL LIST)
- commencement date20 July 2016
- fee scheduleengagements: form: time_summary · rows: Vern W. Dane; Martin R. Kaplan · money: tax: label: HST · quote: $ 3,421.07 · amount: 3421.07 · fees: quote: $ 26,208.00 · amount: 26208 · total: quote: The total of the fees, disbursements and applicable taxes from January 19, 2016 to July 19, 2016 is the sum of $29,736.97. · amount: 29736.97 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: $ 107.90 · amount: 107.9 · period: end: 2016-07-19 · kind: invoice · quote: rendered from the period of January 19, 2016 to July 19, 2016 · start: 2016-01-19 · approval: state: unstated · averages: · currency: · invoices: · firm text: Fogler, Rubinoff LLP · firm quote: FOGLER, RUBINOFF LLP · context quote: rendered from the period of January 19, 2016 to July 19, 2016 by FR to Rosen Goldberg Inc., in its capacity as Receiver and Manager of the Respondent (the "Receiver")
- recovery outcomeentries: basis: estimated · quote: the Receiver proposes or anticipates the following distribution from the net proceeds: (1) the payout of the first mortgagee, New Punjab (again, subject to the Payout Holdback) · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · class label: New Punjab Loan & Financial Corp. (first mortgage) · creditor name: New Punjab Loan & Financial Corp. · interim final: unstated · conditional on: subject to the Payout Holdback · claims qualifier: unstated; basis: estimated · quote: (2) the partial payout, with a shortfall or deficiency, of the second mortgagee, Jit Sandher · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: Jit Sandher (second mortgage) · creditor name: Jit Sandher · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: (3) no payment to the third mortgagee, Harbouredge · pct of: unstated · outcome: nil · class key: secured · stated by: receiver · class label: Harbouredge Mortgage Investment Corporation (third mortgage) · creditor name: Harbouredge Mortgage Investment Corporation · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: (4) no payment to the fourth mortgagee, Elie Khouri · pct of: unstated · outcome: nil · class key: secured · stated by: receiver · class label: Elie Khouri (fourth mortgage) · creditor name: Elie Khouri · interim final: unstated · claims qualifier: unstated · stated on: 2016-07-20 · table missing:
1 extracted value is withheld: either a trap-shaped field where models produce confident wrong numbers, or an identity value whose quotation could not be found in the document. Withheld values are shown to no one.