Manitoba · Receivership (court-appointed)

Fourteenth Report of the Receiver -ated May 15, 2023

Court officer report · 15 May 2023

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 filing2 verified

sale advisorMerchant Retail Solutions, ULC, Hilco Merchant Resources, LLC, Hilco IP Services, LLP dba Hilco Streambank, and Hilco Receivables, LLC
sale outcometext: A going concern or en-bloc sale of the Nygard Group's assets was not likely, so the Receiver was authorized to liquidate retail inventory and owned furniture, fixtures and equipment through temporarily re-opened stores. · scope: liquidation · status: liquidation_in_progress