Alberta · CCAA
Order Recognizing Canadian Sale Approval and Vesting Order, Authorizing and Approving Sale of Assets, and Granting Related Relief
Approval and vesting order · 30 September 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 filing4 verified
- closing termsTitle vests in the purchaser (or its nominee) upon closing and delivery of the Monitor's Certificate. The purchaser's obligation to close is conditioned on delivery of all documents and consents required for the Arizona State Land Department lease assignment, and it is not required to close on a partial conveyance.
- purchaserprice: note: The consideration is described as 'fair consideration and reasonably equivalent value'; no amount is stated. · sealed: false · scope: the Arizona Purchased Assets, including certain leasehold interests held by MF Arizona under leases with the Arizona State Land Department · status: approved · name note: Defined only as 'Arizona Purchaser' under the Arizona PSA; the excerpt never states its name. · structure: assets · name source: operative · relationship: unstated · nominee or assignee: its nominee
- sale advisorArizona Broker
- sale outcometext: The Chapter 15 court approved the Arizona PSA and the sale of the Arizona Purchased Assets to the Arizona Purchaser, giving full force and effect in the United States to the Canadian Arizona SAVO of August 19, 2026. Closing is pending delivery of the Monitor's Certificate. · scope: parcel · status: approved