Ontario · Proposal

First Report of the Proposal Trustee dated March 1, 2019

Court officer report · 1 March 2019

What we verified from this filing2 verified

purchaserprice: note: Purchase price not disclosed in unredacted text; Trustee received 10% deposit and price described as 'well above the appraisal value'. · basis: cash · sealed: true · scope: the Surplus Machine · status: proposed · name note: unnamed purchaser of the Surplus Machine under the Surplus Machine APA · structure: assets · name source: recital · relationship: unstated
sale outcometext: Sales process for substantially all of the Companies' property proposed for Court approval, and sale of Surplus Machine recommended for approval · scope: whole_business · status: pending_approval