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Law Firm s Administration Fees Disallowed In Great North Data Ltd (Re) - Insolvency/Bankruptcy/Re-structuring

Background This was an application by Benson Buffett ( BB ), legal counsel to PricewaterhouseCoopers ( PWC ) in its capacity as receiver of Great North Data Ltd. ( GND ), a failed cryptocurrency hosting company formerly based in Labrador City. Section 18 of the Bankruptcy and Insolvency General Rules, C.R.C, c. 368, says that [a]ll bills of costs for legal services – other than those that do not exceed $2,500 in aggregate, excluding applicable federal and provincial taxes – must be taxed by the taxing officer . In accordance with this provision, BB submitted two statements of account for taxation. Each account included an Administration Charge calculated at 5% of the total legal fees ($625 and

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