Alberta · Receivership (court-appointed)
Approval and Reverse Vesting Order (Cassels), filed December 22, 2022
Reverse vesting order · 22 December 2022
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 filing5 verified
- closing termsThe Trust commences on the date the RVO Transaction closes and terminates no later than three months thereafter, extendable by the Trustee by notice filed with the Court
- purchaserRobus Equity Acquisition Corporation
- residualcoRobus Resources Creditor Trust
- sale outcometext: The Court granted an Approval and Reverse Vesting Order on December 14, 2022 approving the Stalking Horse Term Sheet; the Transaction has not yet closed · scope: whole_business · status: approved
- stalking horseRobus Equity Acquisition Corporation