Alberta · Receivership (court-appointed)
Order - Approval of Auction Agreement and Sealing Order pronounced June 30, 2025
Order (other) · 30 June 2025
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 filing6 verified
- order date30 June 2025
- presiding officerJustice R. A. Neufeld
- purchaserprice: note: Order does not state a price; proceeds of sale of the Auction Assets stand in place of the assets · sealed: false · scope: the assets captured by the Auction Agreement listed in Schedule 'A' (the Auction Assets), including VIN numbers where available · status: approved · name note: end purchasers at auction, unnamed; Auction Assets vest in the Purchasers (or their nominees) upon sale · structure: auction · name source: operative · relationship: unstated
- sale advisorRitchie Bros. Auctioneers (Canada) Ltd.
- sale outcometext: Court approved the Auction Agreement between the Receiver and Ritchie Bros. Auctioneers and authorized the Receiver to implement it; Auction Assets vest in the purchasers free and clear upon sale · scope: liquidation · status: approved
- sealed itemsConfidential RFP Supplement dated June 23, 2025 sealed on the Court file until completion of the auction and closing of sale of all or substantially all of the Auction Assets, conclusion of the receivership proceedings, or further order, whichever is earlier