Proceedings.

What the professionals charged

3,717 bills from 196 firms on 874 matters · 9,448 stated hourly rates · as the filings state them

The rate ladder, drawn to scaleThe ladder

CAD · standard rates · drawn at 12 or more

Each bar runs from the 25th to the 75th percentile of the stated standard hourly rates in the band, with the median marked — the bar and its three figures are for subscribers. One observation per person per rate, Canadian dollars, undiscounted, on matters with no recognition proceeding.A band with fewer than 12 observations draws nothing.

The rate ladder is drawn for subscribers

The 25th, median and 75th percentile of 9,448 stated hourly rates, band by band. The bands and their counts are open to everyone.

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451–500 of 650 stated rates · KSV Restructuring Inc.
PersonFirmCasePeriodRate ▼Source
Jordan WongKSV Restructuring Inc.MonitorSkylink Express Inc.ON · closed1 Jul – 31 Jul 2024Sixth Report of the Monitor dated October 23, 2024
Jordan WongKSV Restructuring Inc.Receiver111 Sherwood Investments Inc.ON · closedto 31 Jul 2024Motion Record of the Receiver dated January 21, 2025 - Part…
Ross GrahamKSV Restructuring Inc.MonitorBioSteelON · closedto 15 Jul 2024Sixth Report of the Monitor dated July 24, 2024
Ross GrahamAll aspects of mandateKSV Restructuring Inc.MonitorBioSteelON · closed1 Mar – 15 Jul 2024Sixth Report of the Monitor dated July 24, 2024
Jordan WongDirectorKSV Restructuring Inc.MonitorSkylink Express Inc.ON · closed15 Feb – 30 Apr 2024Third Report of the Monitor dated May 24, 2024
Jordan WongKSV Restructuring Inc.MonitorSkylink Express Inc.ON · closed1 Apr – 30 Apr 2024Third Report of the Monitor dated May 24, 2024
Ross GrahamKSV Restructuring Inc.MonitorBioSteelON · closedto 30 Apr 2024Sixth Report of the Monitor dated July 24, 2024
Ross GrahamKSV Restructuring Inc.MonitorBioSteelON · closedto 31 Mar 2023Sixth Report of the Monitor dated July 24, 2024
Noah GoldsteinAll aspects of mandateKSV Restructuring Inc.MonitorUrbancorp GroupON1 Jun – 30 Jun 2018Seventeenth Report of the Monitor dated July 20, 2018
Noah GoldsteinAll aspects of mandateKSV Restructuring Inc.MonitorUrbancorp GroupON1 May – 31 May 2018Seventeenth Report of the Monitor dated July 20, 2018
Noah GoldsteinKSV Restructuring Inc.Receiver3291735 Nova Scotia Limited (Beaufort Avenue, Halifax, Nova Scotia)NS · closed1 Mar – 31 May 2018Second Report of the Receiver dated December 19, 2019
Noah GoldsteinKSV Restructuring Inc.MonitorUrbancorp GroupON1 Apr – 30 Apr 2018Seventeenth Report of the Monitor dated July 20, 2018
Noah GoldsteinKSV Restructuring Inc.ReceiverTextbook (445 Princess Street) Inc.ONto 28 Feb 2018First Report of the Receiver dated April 13, 2018
Noah GoldsteinKSV Restructuring Inc.ReceiverTextbook (445 Princess Street) Inc.ON15 Dec 2017 – 31 Jan 2018First Report of the Receiver dated April 13, 2018
Jordan WongDirector · All aspects of mandateKSV Restructuring Inc.Receiver111 Sherwood Investments Inc.ON · closed—Motion Record of the Receiver dated January 21, 2025 - Part…
Mitch VininskyKSV Restructuring Inc.ReceiverM.Y. Residential Inc.ON · closed—Motion Record returnable April 30, 2018
Mitch VininskyAll aspects of mandateKSV Restructuring Inc.ReceiverM.Y. Residential Inc.ON · closed—Motion Record returnable April 30, 2018
Mitch VininskyKSV Restructuring Inc.ReceiverM.Y. Residential Inc.ON · closed—Motion Record returnable April 30, 2018
Noah GoldsteinKSV Restructuring Inc.ReceiverTextbook (445 Princess Street) Inc.ON—Motion Record of the Receiver returnable April 20, 2018
Jordan WongAll aspects of the mandateKSV Restructuring Inc.ReceiverSouthview GardensBC · closed1 Sep – 31 Oct 2023Affidavit #1 of N. Goldstein sworn November 20, 2023
Jordan WongKSV Restructuring Inc.ReceiverSouthview GardensBC · closed8 Feb – 31 Oct 2023Affidavit #1 of N. Goldstein sworn November 20, 2023
Jordan WongAll aspects of the mandateKSV Restructuring Inc.ReceiverSouthview GardensBC · closed1 Jun – 31 Aug 2023Affidavit #1 of N. Goldstein sworn November 20, 2023
Jordan WongAll aspects of the mandateKSV Restructuring Inc.ReceiverSouthview GardensBC · closedto 31 May 2023Affidavit #1 of N. Goldstein sworn November 20, 2023
Jordan WongAll aspects of the mandateKSV Restructuring Inc.ReceiverSouthview GardensBC · closedto 30 Apr 2023Affidavit #1 of N. Goldstein sworn November 20, 2023
Jordan WongAll aspects of the mandateKSV Restructuring Inc.ReceiverSouthview GardensBC · closedto 31 Mar 2023Affidavit #1 of N. Goldstein sworn November 20, 2023
Peter WeinsteinValuation considerationsKSV Restructuring Inc.MonitorMetro 360 General Partnership (Rosebud Creek Financial Corp. and 957855 Alberta Ltd.)ON1 Jun – 31 Oct 2020Third Report of the Monitor dated March 22, 2021
Maha ShahManagerKSV Restructuring Inc.Capacity not stated2597427 Alberta Ltd.AB · closed—Fee Affidavit of J. Knight sworn July 6, 2026
Maha ShahManagerKSV Restructuring Inc.Capacity not stated2597427 Alberta Ltd.AB · closed—Fee Affidavit of J. Knight sworn July 6, 2026
Ben LuderKSV Restructuring Inc.MonitorSandvine Corporation, Sandvine Holdings UK Limited, Procera Networks, Inc., Procera Holding, Inc., New Procera GP Company and Sandvine OP (UK) Ltd.ON · closedto 31 Dec 2025Fourth Report of the Monitor dated January 20, 2026
Martin KosicAll aspects of the mandateKSV Restructuring Inc.MonitorClaire’s Stores Canada Corp.ON1 Dec – 31 Dec 2025Fourth Report of the Monitor dated May 8, 2026
Nathalie El-ZakhemKSV Restructuring Inc.MonitorLoyaltyOne, Co. (dba AIR MILES®)ONto 31 Dec 2025Fourteenth Report of the Monitor - KSV Restructuring Inc. -…
Ben LuderKSV Restructuring Inc.MonitorSandvine Corporation, Sandvine Holdings UK Limited, Procera Networks, Inc., Procera Holding, Inc., New Procera GP Company and Sandvine OP (UK) Ltd.ON · closedto 30 Nov 2025Fourth Report of the Monitor dated January 20, 2026
Ben LuderKSV Restructuring Inc.MonitorAYR Wellness Inc.BC · closedto 30 Nov 2025Affidavit of Noah Goldstein sworn July 10, 2026
Nathalie El-ZakhemKSV Restructuring Inc.MonitorLoyaltyOne, Co. (dba AIR MILES®)ON1 Oct – 31 Oct 2025Twelfth Report of the Monitor dated November 20, 2025
Nathalie El-ZakhemKSV Restructuring Inc.MonitorLoyaltyOne, Co. (dba AIR MILES®)ON1 Sep – 30 Sep 2025Twelfth Report of the Monitor dated November 20, 2025
Martin KosicKSV Restructuring Inc.MonitorLoyaltyOne, Co. (dba AIR MILES®)ON1 Aug – 31 Aug 2025Twelfth Report of the Monitor dated November 20, 2025
Noah GoldsteinAll aspects of mandateKSV Restructuring Inc.MonitorUrbancorp GroupON1 Dec – 31 Dec 2017Twenty-first Report of the Monitor dated January 18, 2018
Noah GoldsteinAll aspects of mandateKSV Restructuring Inc.MonitorUrbancorp GroupON1 Nov – 30 Nov 2017Twenty-first Report of the Monitor dated January 18, 2018
Noah GoldsteinAll aspects of mandateKSV Restructuring Inc.MonitorUrbancorp GroupON1 Oct – 31 Oct 2017Twenty-first Report of the Monitor dated January 18, 2018
Noah GoldsteinSr. Manager · officers of the court · director · All aspects of mandateKSV Restructuring Inc.ReceiverGenerx (Byward Hall) Inc.ON · closed29 May – 31 Aug 2017First Report of the Receiver dated October 5, 2017
Ben LuderManagerKSV Restructuring Inc.ReceiverAxiom Real Time Metrics Inc.ON—Motion Record of the Receiver returnable February 27, 2026
Tony TrifunovicManagerKSV Restructuring Inc.ReceiverAxiom Real Time Metrics Inc.ON—Motion Record of the Receiver returnable February 27, 2026
Murtaza TallatKSV Restructuring Inc.MonitorMJardin Group, Inc.ON · closed1 Jul – 31 Jul 2022Third Report of the Monitor dated August 23, 2022
Murtaza TallatKSV Restructuring Inc.MonitorMJardin Group, Inc.ON · closed24 May – 30 Jun 2022Third Report of the Monitor dated August 23, 2022
Murtaza TallatKSV Restructuring Inc.ReceiverMJardin Group, Inc.ON · closed1 May – 29 May 2022First Report of the Receiver dated June 1, 2022
Murtaza TallatKSV Restructuring Inc.ReceiverMJardin Group, Inc.ON · closed1 Mar – 31 Mar 2022First Report of the Receiver dated June 1, 2022
Jonathan JoffeAll aspects of mandateKSV Restructuring Inc.ReceiverHolistic BlendON · closed16 Dec 2021 – 21 Jan 2022Second Report of the Receiver dated January 24, 2022
Jonathan JoffeAll aspects of mandateKSV Restructuring Inc.ReceiverHolistic BlendON · closed1 Mar 2020 – 15 Dec 2021Motion Record of the Receiver returnable February 2, 2022
Jonathan JoffeIntercompany claims analysis; claims procedureKSV Restructuring Inc.Proposal trusteeForme Development Group Inc.ON · closed1 Jan – 31 Jan 2021Motion Record of the Monitor returnable February 25, 2021 -…
Jonathan JoffeCreditor issues, cash flow projections, claims process, including intercompany claims analysesKSV Restructuring Inc.Proposal trusteeForme Development Group Inc.ON · closed1 Nov 2020 – 31 Jan 2021Motion Record of the Monitor returnable February 25, 2021 -…

What a bill looks likeBenchmarks

Measured across the record

A partner's hour

median of each bill's top standard rate, 2026, over 201 bills; 200 in 2025

The blended rate, stated

median of the average hourly rates filings state outright, counsel, over 1,011 bills. A further 75 bills state fees and hours and no rate; that quotient is kept as its own series and never mixed in.

Counsel by year of call

median standard rate by years since call — 0-4 years (238), 5-9 years (163), 10-19 years (223), 20+ years (270)

Where the rates are

3,717 bills

monitor 598 · receiver 1,023 · interim receiver 36 · trustee 63 · …

Who bills these estatesWho bills

Named in the filings
  1. KSV Restructuring Inc.Information officer · Interim receiver · Monitor · Proposal trustee · Receiver · Trustee · 109 matters370
  2. Deloitte Restructuring Inc.Interim receiver · Liquidator · Monitor · Proposal trustee · Receiver · Trustee · 65 matters191
  3. FTI Consulting Canada Inc.Information officer · Monitor · Receiver · 49 matters185
  4. MNP Ltd.Interim receiver · Liquidator · Monitor · Proposal trustee · Receiver · Trustee · 98 matters183
  5. Cassels Brock & Blackwell LLPCounsel · 47 matters148
  6. Ernst & Young Inc.Information officer · Monitor · Proposal trustee · Receiver · Trustee · 44 matters143
  7. BDO Canada LimitedInterim receiver · Liquidator · Monitor · Proposal trustee · Receiver · Trustee · 70 matters128
  8. Aird & Berlis LLPCounsel · 64 matters112
  9. Alvarez & Marsal Canada Inc.Information officer · Liquidator · Monitor · Proposal trustee · Receiver · 41 matters93
  10. PricewaterhouseCoopers Inc.Information officer · Monitor · Proposal trustee · Receiver · Trustee · 32 matters79
  11. Dentons Canada LLPCounsel · 32 matters78
  12. Fasken Martineau DuMoulin LLPCounsel · 33 matters76

Bills, counted one per firm per period however many filings restate it. 196 firms appear in the record; these are the 12 with the most.

How to read thisMethod

The frame. Every figure here comes from a fee affidavit, a passing of accounts, a motion record or an officer's report that a court file holds — fees that were filed for approval, which skews to the larger, longer and more contested mandates. It is not a survey of all insolvency work.

The series. The ladder and the tiles use standard hourly rates of named people, in Canadian dollars, on bills with no courtesy discount and on matters with no recognition proceeding. Discounted bills, stated averages and the rare bill that states fees and hours but no rate are kept as separate series and never mixed in. Nothing is drawn from fewer than 12 observations.

What it is not. A court does not test a bill by hours × rate; it asks what value was delivered (Bank of Nova Scotia v. Diemer, 2014 ONCA 851). This page shows what comparable mandates charged, never what a bill should have been. The record holds sixteen Québec fee documents and no French rate tables; it is not a benchmark for Québec.

Every fact carries its document. Each bill and each rate links to the filing that states it; each benchmark cell can be traced to the rates it was computed from through the rates view.

Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.