Ontario · Receivership (court-appointed)
approval and vesting order morawetz j june 14 2013.pdf
Approval and vesting order · 14 June 2013
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 filing14 verified
- applicantRoyal Bank of Canada
- appointeeFuller Landau Group Inc.
- appointee rolereceiver
- commencement date14 June 2013
- courtSUPERIOR COURT OF JUSTICE
- court file noCV-13-10131-00CL
- statutory basissubsection 243(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended and section 101 of the Courts of Justice Act, R.S.O. 1990, c. C.43, as amended
- closing termsvesting effective upon delivery of the Receiver's Certificate confirming payment of purchase price and satisfaction of closing conditions
- order date14 June 2013
- presiding officerJustice Morawetz
- purchaserprice: sealed: true · scope: some or all of the Fixed Assets as described in the Auction Agreement · status: approved · name note: purchaser(s) at Maynards auction, unnamed · structure: auction · name source: operative · relationship: unstated
- sale advisorMaynards Canada
- sale outcometext: Sale Process, Auction Agreement, and Transaction approved by the Court · scope: parcel · status: approved
- sealed itemsappendices re: three auction proposals attached to the Receiver's First Report