Ontario · Receivership (court-appointed)
Signed Approval and Vesting Order
Approval and vesting order · 3 May 2022
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 · 1 withheld
- closing termsVesting occurs upon delivery of the Receiver's certificate to the Purchaser, confirming payment of the Purchase Price, satisfaction or waiver of the Sale Agreement closing conditions, and completion of the Transaction to the Receiver's satisfaction
- counselChaitons LLP
- order date3 May 2022
- presiding officerJustice Gilmo
- purchaserAmercan Corporation
- sale outcometext: The court approved the Transaction and authorized execution of the Sale Agreement, vesting the Real Property in the Purchaser upon delivery of the Receiver's Certificate · scope: parcel · status: approved
- sealed itemsThe Offer to Purchase (Sale Agreement) is appended as a Confidential Appendix to the Second Report of the Receiver
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.