Ontario · Receivership (court-appointed)
Approval and Vesting Order (Vigro Lands)
Approval and vesting order · 4 February 2025
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 Vigro Purchaser confirming payment of the Purchase Price, satisfaction or waiver of the Article 6 closing conditions, and completion of the Transaction to the Receiver's satisfaction.
- counselMcCarthy Tétrault LLP
- order date4 February 2025
- presiding officerJustice Steele
- purchaserFoodlife Group Inc.
- sale outcometext: Court approved the Transaction under the Vigro Purchase Agreement (a Successful Bid under the Sale Process) with Foodlife Group Inc. for the Vigro Lands; vesting upon delivery of the Receiver's Certificate. · scope: parcel · status: approved