Ontario · Receivership (court-appointed)

Fourth Report of the Court-Appointed Receiver (without appendices), dated April 15, 2021

Court officer report · 15 April 2021

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 filing3 verified

operational summaryThe Receiver terminated the APA and SPA with the Purchaser after repeated failures to close the sale of the Brampton property and PureSinse shares. It is re-engaging its sale advisor to remarket the Property and seeks court ratification and a revised schedule for the Post-Closing Covenant Dispute hearing.
report date15 April 2021
report noFourth Report