Alberta · Receivership (court-appointed)
Grace - Receiver's Second Report - June 23, 2025 [FINAL]
Court officer report · 23 June 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 filing10 verified
- report date23 June 2025
- report noSecond Report
- operational summaryThe Receiver negotiated a binding auction and liquidation services agreement with Ritchie Bros. Auctioneers (Canada) Ltd. following an Auctioneer RFP process in which 15 parties were solicited, seven inspected the GRL Assets and submitted proposals.
- operational summaryThe Receiver reports on its Auctioneer RFP process for the trucks, trailers and other assets at the GRL Premises and seeks approval of a binding auction agreement with Ritchie Bros. on a net minimum guarantee basis, with court approval of the agreement and sealing of the confidential supplement.
- process resultsbids: 7 · note: 15 parties included in the Auctioneer RFP, 7 inspected the GRL Assets and all 7 submitted proposals · as of: 2025-06-23 · solicited: 15 · qualified bids: 7
- purchaserRitchie Bros. Auctioneers (Canada) Ltd.
- report date23 June 2025
- report noSecond Report
- sale advisorRitchie Bros. Auctioneers (Canada) Ltd.
- sale outcometext: Receiver seeks approval of Auctioneer RFP Process and Auction Agreement with Ritchie Bros. Auctioneers · scope: parcel · status: pending_approval