Ontario · Receivership (court-appointed)
Fourth Report of the Receiver dated January 27, 2022
Court officer report · 27 January 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
- closing confirmedscope: the November Approved Sale Transactions · outcome: completed · date basis: unstated · approval order date: 2021-11-10
- operational summaryThe Receiver is still operating the Bless Hui, Olde Walkerville (two Windsor pharmacies) and Sigma pharmacies. Olde Walkerville and Sigma have both suffered patient losses and revenue declines from staffing, record-keeping and prescription-transfer problems. Bless Hui is being sold, subject to court approval, to a new purchaser after an earlier agreement and a December offer both failed to close. Sigma and the Windsor pharmacies are listed for sale.
- process resultsndas: 45 · note: NDAs received over course of sales process for Bless Hui Pharmacy
- professional feesnote: Fees are stated per Debtor, each inclusive of HST, disbursements and a discount, and the report gives no consolidated total: Bless Hui $29,124.95; Maple Medi $7,076.52; River Hill $8,204.88; Stoney Creek $6,978.15; Toronto Apothecary $7,606.07; Olde Walkerville $20,856.66; 4231 $4,752.22; Jubilee $3,392.42; JGWI $4,080.71; Brimley $35,814.50; Sigma $23,668.32. · party: msi Spergel inc. (Receiver) · period: 2021-10-28 to 2021-12-31 · currency: CAD
- purchaser1000087607 Ontario Inc.; Raouf Basilious in Trust
- report date27 January 2022
- report noFourth Report