Ontario · Receivership (court-appointed)
Approval and Vesting Order of Justice Koehnen dated October 7, 2020 ( Mateo Property)
Approval and vesting order · 7 October 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 filing5 verified
- closing termsVesting occurs upon delivery of a Receiver's certificate confirming payment of the Purchase Price, satisfaction or waiver of the closing conditions, and completion of the Transaction to the Receiver's satisfaction.
- order date6 October 2020
- presiding officerJustice Koehnen
- purchaserJanak Bhawnani and Sharmila Bhawnani
- sale outcometext: Court approved the sale of 180 Mateo Place to the Purchasers and authorized the Receiver to execute the Sale Agreement; vesting to take effect on delivery of the Receiver's Certificate. · scope: parcel · status: approved