Alberta · CCAA
Prolift Transaction Approval and Vesting Order
Approval and vesting order · 2 November 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 · 1 withheld
- closing termsVesting is effective upon delivery by the Monitor of a Monitor's certificate to the Purchaser (or its nominee) substantially in the form of Schedule 'A'.
- order date2 November 2020
- presiding officerJustice K.M. Horner
- purchaserProlift Rigging Company LLC
- sale advisorErnst & Young Orenda Corporate Finance Inc.; Sequeira Partners
- sale outcometext: The Court approved the Transaction with Prolift Rigging Company LLC and authorized the Applicants to execute the Sale Agreement; vesting occurs on delivery of the Monitor's Certificate. · scope: parcel · status: approved
1 extracted value is withheld: either a trap-shaped field where models produce confident wrong numbers, or an identity value whose quotation could not be found in the document. Withheld values are shown to no one.