Ontario · Winding-up (provincial)
Second Report
Court officer report · 7 February 2019
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What we verified from this filing9 verified
- cash on handnote: Figure represents receipts over disbursements (the "Excess Funds") per the Interim Statement of Receipts and Disbursements, which includes $230,000 received in respect of the Four Mile Creek Property. · as at: 2019-02-04 · amount: 1353151 · currency: CAD
- closing confirmedscope: Progressive Property · outcome: completed · purchaser: 1074127 Ontario Limited · date basis: unstated · approval order date: 2018-06-27
- operational summaryThe Liquidator continued overseeing the wind-down of the Companies' vineyard properties, closing the Progressive Property sale, managing the farm tenant's exit from the Four Mile Creek Property, and negotiating a sale (APS) of the Four Mile Creek Property to a new purchaser after conditions were waived.
- professional feesnote: Amount inclusive of HST. GSNH (legal counsel) issued four invoices for the period June 11, 2018 to January 31, 2019 totalling $42,660.19, inclusive of HST. · party: MNP Ltd. (Liquidator) · amount: 74716.82 · period: June 13, 2018 to January 31, 2019 · currency: CAD
- purchaser1074127 Ontario Limited; Quinton Jeronimo Jenkins, Gordon Ernest Jenkins and Ruth Anne Jenkins
- report date7 February 2019
- report noSecond Report
- sale advisorColliers International Niagara Ltd.
- sale outcometext: Marketing Process for the Four Mile Creek Property culminated in an APS pending Court approval · scope: parcel · status: pending_approval