Alberta · Receivership (court-appointed)

Sale and Approval and Vesting Order re Fairways (March 11, 2020)

Approval and vesting order · 11 March 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 filing2 verified

closing termsVesting occurs upon delivery of the Receiver's Certificate, which the Receiver shall not deliver or file until the Purchaser assumes or replaces Reid Worldwide Corporation's obligations under the Town of Stony Plain development agreement and replaces the letter of credit.
purchaser2164685 Alberta Ltd.