New Brunswick · Receivership (court-appointed)
Ninth Report of the Receiver dated May 25, 2026
Court officer report · 25 May 2026
A plain-language read of this filing opens with a subscription.
What we verified from this filing4 verified
- closing confirmedscope: the transaction with MS Acadia Inc. · outcome: completed · effective: 2026-03-01 · purchaser: MS Acadia Inc. · date basis: stated · approval order date: 2024-11-06; scope: the transaction with Goji Properties Inc. · outcome: completed · effective: 2026-04-09 · purchaser: Goji Properties Inc. · date basis: stated · approval order date: 2024-11-06
- purchaserMS Acadia Inc.; Goji Properties Inc.; Property Investment Atlantic Inc.
- recovery outcomeentries: basis: estimated · quote: The estimated distribution to the Caisse is approximately $17.027 million, being the lesser of available proceeds by property and the Caisse's outstanding secured debt on the property. · pct of: unstated · outcome: distribution · currency: CAD · class key: secured · stated by: receiver · amount low: 17027000 · amount high: 17027000 · class label: Caisse Populaire Acadienne (senior secured creditor) · creditor name: Caisse Populaire Acadienne · interim final: unstated · currency quote: $CAD (000s) · claims qualifier: unstated · stated on: 2026-05-25 · table missing:
- sale outcometext: Two transactions closed; the final transaction (McKnight Property) is scheduled to close June 5, 2026, after which the Receiver will have fully realized on all Property. · scope: whole_business · status: closed