Ontario · Receivership (court-appointed)
Second Supplement to Fourth Report of the Receiver dated August 27, 2025
Court officer report · 27 August 2025
Also filed as: Second Supplement to Fourth Report of the Receiver dated August 27, 2025
A plain-language read of this filing opens with a subscription.
What we verified from this filing6 verified
- report date27 August 2025
- report noSecond Supplement to Fourth Report
- operational summaryThis report provides updates on the Receiver's activities related to Residential Tenants and the Revised Settlement, summarizes the 7th Amendment to the APS extending conditions to September 5, 2025, and addresses elevator service safety concerns due to mould in the Building.
- purchaserHS Canada 101 Champagne, L.P., by its general partner, HS Canada 101 Champagne GP Inc.
- recovery outcomeentries: basis: estimated · quote: The Receiver does not expect that proceeds from the Transaction will be sufficient to repay all of the Debtor's secured debt and it does not expect any recovery for unsecured creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: receiver · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated · table missing:
- sale outcometext: The Court approved the Transaction pursuant to an Approval and Vesting Order dated August 7, 2025. · scope: whole_business · status: approved