British Columbia · Receivership (court-appointed)
Entered Order Made After Application (Transaction Approval and RVO) dated October 9, 2026
Reverse vesting order · 9 October 2026
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 filing7 verified
- closing termsOn delivery of the Receiver's Certificate, the vesting steps occur in sequence at the Closing Effective Time; the Purchaser pays the Purchase Price first, and the Receivership Proceedings terminate as to the Canstar Group.
- order date9 October 2026
- presiding officerJustice Stephens
- purchaserPremium Restoration Ltd.
- residualco1608083 BC Ltd.
- sale advisorSummit Cap Advisors Ltd.
- sale outcometext: The Court approved the Transaction and Agreement (reverse vesting) with Premium Restoration Ltd.; closing is subject to delivery of the Receiver's Certificate. · scope: whole_business · status: approved