Manitoba · Receivership (court-appointed)
Sale Approval and Vesting Order
Approval and vesting order · 9 September 2020
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing6 verified
- closing termsVesting is effective upon delivery of the Receiver's Certificate to the Purchaser, confirming payment of the Purchase Price, satisfaction or waiver of closing conditions, and completion of the transaction to the Receiver's satisfaction
- order date9 September 2020
- presiding officerJustice Kroft
- purchaser1347 Investors LLC
- sale outcometext: Court approved the Sale Transaction to 1347 Investors LLC (as assigned to Lumber Assets Holdings LP) and vesting of the Purchased Assets upon delivery of the Receiver's Certificate · scope: whole_business · status: approved
- sealed itemsConfidential Report of the Receiver dated September 7, 2020