Ontario · NOI
Approval and Vesting Order dated June 17, 2020
Order (other) · 17 June 2020
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
- closing termsVesting occurs upon delivery of the Proposal Trustee's certificate to the Purchaser, confirming payment of the Purchase Price, satisfaction or waiver of closing conditions and completion of the Transaction to the Proposal Trustee's satisfaction.
- order date17 June 2020
- presiding officerJustice Conway
- purchaserMSC Manufacturing Solutions Corp.
- sale outcometext: The Court approved the Transaction under the asset purchase agreement dated June 8, 2020 with 1199541 Ontario Inc., vesting the Purchased Assets in its permitted assignee MSC Manufacturing Solutions Corp. upon delivery of the Proposal Trustee's certificate. · scope: whole_business · status: approved
- sealed itemsConfidential Appendix 'A' to the Second Report