Ontario · Receivership (court-appointed)
Second Report of the Receiver dated November 27, 2024
Court officer report · 27 November 2024
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What we verified from this filing8 verified · 1 withheld
- closing confirmedscope: the Real Property · outcome: completed · effective: 2024-11-04 · purchaser: Marshall Land Corp. Ltd. · date basis: stated · approval order date: 2024-10-24
- fee scheduleengagements: form: prose · rows: · money: approximate: false · period: end: 2024-10-08 · kind: invoice · label: the Period · quote: FOR PROFESSIONAL SERVICES RENDERED on this matter for the period ending October 8, 2024: · approval: state: unstated · averages: rate: 451.09 · quote: The average hourly rate charged during the Period was $451.09. · currency: · invoices: · firm text: TDB Restructuring Limited · firm quote: SECOND REPORT TO THE COURT OF TDB RESTRUCTURING LIMITED · context quote: As the Receiver's administration is substantially complete, the Receiver is seeking an
- operational summaryThe receivership concerns a single real property (vacant land) sold pursuant to a court-approved transaction; the sale closed and the receiver distributed net proceeds, though the first mortgagee remains partially unpaid, and the receiver is winding down and seeking discharge.
- purchaserMarshall Land Corp. Ltd.
- report date27 November 2024
- report noSecond Report
- sale advisorCBRE Limited
- sale outcometext: the Receiver and the Purchaser successfully closed the Transaction · scope: whole_business · status: closed
1 extracted value is withheld: either a trap-shaped field where models produce confident wrong numbers, or an identity value whose quotation could not be found in the document. Withheld values are shown to no one.