Ontario · Proposal
Trustee's Fifth Report to Court dated December 10, 2018.PDF
Court officer report · 10 December 2018
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 filing5 verified
- operational summaryThe company is in NOI proceedings with a court-approved sale of its long-term care business (expected to close Q1 2019, subject to Ministry approval); the report addresses an escrow dispute with Canada Life over make-whole payment and fees to be resolved before sale proceeds are fully distributed.
- purchaser2622102 Ontario Inc.
- report date10 December 2018
- report noFifth Report
- sale outcometext: The Sale was approved and is expected to close in Q1 2019, subject to regulatory approval · scope: whole_business · status: approved