Ontario · NOI
First Report of the Trustee
Court officer report · 1 November 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 filing5 verified
- operational summaryOrganic Garage failed to file a proposal and was deemed bankrupt on May 18, 2024, following a sale process that resulted in three transactions closing in May 2024; this report focuses on the trustee's review and disallowance of Oragin's intercompany proof of claim rather than ongoing operations.
- report date1 November 2024
- report noFirst Report
- sale outcometext: The Sale Process ultimately resulted in three separate transactions involving the Debtors. On May 2, 2024, the Proposal Trustee obtained approval and vesting orders for each of the transactions, which closed shortly thereafter. · scope: whole_business · status: closed
- stalking horseMAAB Global