British Columbia · Receivership (court-appointed)
Approval and Reverse Vesting Order
Reverse vesting order · 6 August 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 termsUpon delivery by the Receiver to the Purchaser of a Receiver's Certificate, vesting of Transferred Assets in Residual Co. and Shares/Retained Assets in the Purchaser occurs in sequence at the Effective Time.
- order date11 May 2026
- presiding officerJustice Wilkinson
- purchaser1568306 B.C. Ltd.
- residualcoResidual Co
- sale advisorColliers Macaulay Nicolls Inc.
- sale outcometext: The Transaction contemplated by the Sale Agreement is approved as commercially reasonable. · scope: parcel · status: approved