Ontario · CCAA
Forty-Second Report of the Monitor and Receiver dated November 20, 2023
Court officer report · 20 November 2023
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
- operational summaryThe Applicants have sold all their operating business divisions and settled their affirmative construction claims; the sale of Carillion Canada's remaining equity and partnership interests in Ontario land and housing projects (the last material unsold assets) for $2,165,000, plus a related $520,924.15 consultant settlement, is before the Court for approval.
- purchaserCooks Glen Ltd., Ranada Inc., Cookshill Developments Ltd., Terramia Holdings Inc., King Dufferin Developments Inc., King North Developments Inc., Brookvalley Developments Inc., and South Valley Developments Ltd.
- report date20 November 2023
- report noForty-Second Report
- sale outcometext: The Monitor's motion seeks approval of the Sale Agreement and Sale Transactions · scope: parcel · status: pending_approval