Ontario · CCAA
Ninth Report of the Monitor
Court officer report · 14 April 2022
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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: 839.83 · quote: The average hourly rate charged by FTI is $839.83. · currency: · invoices: · firm text: FTI Consulting Canada Inc. · firm quote: NINTH REPORT OF FTI CONSULTING CANADA INC., AS MONITOR · context unverified: true; form: prose · rows: · money: total: quote: the fees and disbursements, including Harmonized Sales Tax (' HST '), of Cassels in the amount of $109,737.13 · amount: 109737.13 · includes tax: true · includes disbursements: true · approximate: false · period: end: 2021-02-12 · kind: invoice · quote: incurred during the period from January 22, 2021 to February 12, 2021 · start: 2021-01-22 · approval: quote: the Court approved the fees and disbursements, including Harmonized Sales Tax (' HST '), of Cassels in the amount of $109,737.13 · state: approved · averages: rate: 692.19 · quote: The average hourly rate charged by Cassels is $692.19. · currency: · invoices: · firm text: Cassels · firm quote: the fees and disbursements, including Harmonized Sales Tax (' HST '), of Cassels in the amount of $109,737.13 incurred during the period from January 22, 2021 to February 12, 2021. · context unverified: true
- recovery outcomeentries: basis: estimated · quote: | Debtor ($ millions) Estimated Third Party Distribution Pool Estimated Third Party Claims Pool Estimated Third Party Distribution FIGR Norfolk Inc. 0.0 0.3 3% Canada's Island Garden Inc. 0.1 1.2 8% FIGR Brands, Inc. 10.2 198.6 5% Total 10.3 200.1 | · pct of: unstated · outcome: distribution · pct low: 3 · pct high: 3 · class key: unsecured · stated by: monitor · class label: FIGR Norfolk Inc. Third Party Claims · claims amount: 300000 · interim final: unstated · claims qualifier: estimated; basis: estimated · quote: | Debtor ($ millions) Estimated Third Party Distribution Pool Estimated Third Party Claims Pool Estimated Third Party Distribution FIGR Norfolk Inc. 0.0 0.3 3% Canada's Island Garden Inc. 0.1 1.2 8% FIGR Brands, Inc. 10.2 198.6 5% Total 10.3 200.1 | · pct of: unstated · outcome: distribution · pct low: 8 · pct high: 8 · class key: unsecured · stated by: monitor · class label: Canada's Island Garden Inc. Third Party Claims · claims amount: 1200000 · interim final: unstated · claims qualifier: estimated; basis: estimated · quote: | Debtor ($ millions) Estimated Third Party Distribution Pool Estimated Third Party Claims Pool Estimated Third Party Distribution FIGR Norfolk Inc. 0.0 0.3 3% Canada's Island Garden Inc. 0.1 1.2 8% FIGR Brands, Inc. 10.2 198.6 5% Total 10.3 200.1 | · pct of: unstated · outcome: distribution · pct low: 5 · pct high: 5 · class key: unsecured · stated by: monitor · class label: FIGR Brands, Inc. Third Party Claims · claims amount: 198600000 · interim final: unstated · claims qualifier: estimated; basis: estimated · quote: The Pyxus Claims in the amount of approximately $194 million against FIGR Brands are expected to receive approximately 97 percent of the total funds available for distribution to FIGR Brands' creditors. · pct of: unstated · outcome: distribution · pct low: 97 · pct high: 97 · class key: unsecured · stated by: monitor · class label: Pyxus Claims (AOIT) against FIGR Brands · claims amount: 194000000 · creditor name: AOIT · interim final: unstated · claims qualifier: estimated; basis: unstated · quote: The CIG Purchaser advised that it requires these claims to be paid in full from the Proceeds as the CIG Purchaser is of the view that these vendors provide essential services to CIG and as such payment is necessary to ensure their continued provision of services to CIG following Closing. · pct of: unstated · outcome: paid_in_full · class key: unsecured · stated by: monitor · amount low: 137230 · amount high: 137230 · class label: BioAcuity Consulting · claims amount: 137230 · creditor name: BioAcuity Consulting · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: The CIG Purchaser advised that it requires these claims to be paid in full from the Proceeds as the CIG Purchaser is of the view that these vendors provide essential services to CIG and as such payment is necessary to ensure their continued provision of services to CIG following Closing. · pct of: unstated · outcome: paid_in_full · class key: unsecured · stated by: monitor · amount low: 81627 · amount high: 81627 · class label: Fitzgerald & Snow (2010) Ltd. · claims amount: 81627 · creditor name: Fitzgerald & Snow (2010) Ltd. · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: The CIG Purchaser advised that it requires these claims to be paid in full from the Proceeds as the CIG Purchaser is of the view that these vendors provide essential services to CIG and as such payment is necessary to ensure their continued provision of services to CIG following Closing. · pct of: unstated · outcome: paid_in_full · class key: unsecured · stated by: monitor · amount low: 159517.32 · amount high: 159517.32 · class label: Hansen Electric Ltd. · claims amount: 159517.32 · creditor name: Hansen Electric Ltd. · interim final: unstated · claims qualifier: unstated · stated on: 2022-04-14 · table missing: