Quebec · CCAA

2026-06-18 Approval and Vesting Order - Ipso Facto

Approval and vesting order · 18 June 2026

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order date18 June 2026
purchaserSociété en Commandite Square Phillips Résidences
closing termsVesting occurs upon issuance of the Inventory Certificate and Backstop Certificate by the Monitor confirming payment of the Purchase Price, execution of deeds of sale, application of the Holdback Amount, and satisfaction or waiver of all closing conditions; the Backstop Closing constitutes the final closing of the Transaction
sealed itemsThe Ipso Facto PSA (Exhibit P-1), the First Amendment to the Ipso Facto PSA dated June 18, 2026 (Exhibit P-1A), and the Letter of Intent dated January 20, 2026 (Exhibit P-4); Schedules F and G to the Monitor's Seventh Report (Exhibit D-2), the Proof of Claim Filed by Mr. Gentile dated May 20, 2026 (Exhibit P-7), and the notice sent to promisors by email on June 11, 2026 (Exhibit P-8)