Ontario · Receivership (court-appointed)
Fourth Report of the Receiver dated June 25, 2024
Court officer report · 25 June 2024
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 filing6 verified
- operational summaryThe Receiver continues to market, sell and lease the remaining unsold condominium units, has processed lien claims filed by the claims bar date, and is seeking court approval of an order governing distribution of sale proceeds pending resolution of lien priority disputes.
- purchaserprice: sealed: false · scope: Unit 302 · status: approved · name note: purchaser of Unit 302, unnamed · structure: real_property · name source: recital · relationship: unstated; price: sealed: false · scope: sale of Unit 311 · status: approved · name note: purchaser of Unit 311, unnamed · structure: real_property · name source: recital · relationship: unstated; price: sealed: false · scope: sale of Unit 312 · status: approved · name note: purchaser of Unit 312, unnamed · structure: real_property · name source: recital · relationship: unstated
- report date25 June 2024
- report noFourth Report
- sale advisorVKP Real Estate Limited
- sale outcometext: Since the Third Report, there have been no offers that have resulted in concluded sale agreements in respect of any of the Unsold Units. · scope: liquidation · status: liquidation_in_progress