British Columbia · Bankruptcy

Receiver's Fifth Report to Court

Court officer report · 4 October 2021

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

process resultsndas: 18 · note: All bidders who submitted Non-Binding EOIs by June 14, 2021 were deemed Qualified Bidders; the number of bids is stated only as 'numerous'. Qualified Bidders asked to keep offers open a further 90 days. · as of: 2021-09-10 · solicited: 559
sale outcometext: The Receiver is negotiating with the Qualified Bidders and is not yet able to determine which bid is superior; it hopes to seek court approval of a sale by December 2021. · scope: whole_business · status: process_approved