Alberta · Receivership (court-appointed)

Sale Approval and Vesting Order re Nevada Trucking Limited (April 11, 2018)

Approval and vesting order · 11 April 2018

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 filing3 verified

closing termsVesting is effective upon the Receiver delivering a Receiver's Certificate to the Purchaser, substantially in the form of Schedule A, confirming payment of the Purchase Price, satisfaction or waiver of the Article 12 closing conditions, and completion of the Transaction to the Receiver's satisfaction.
purchaserNevada Trucking Limited
sale outcometext: The Court approved the Transaction and the Sale Agreement between the Receiver and Nevada Trucking Limited, with vesting of the Purchased Assets upon delivery of the Receiver's Certificate. · scope: parcel · status: approved