Ontario · Receivership (court-appointed)
Reverse Vesting Order
Reverse vesting order · 29 January 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
- closing termsClosing occurs upon delivery of the Receiver's Certificate confirming all conditions to closing have been satisfied or waived, at which point the Effective Time occurs and the transaction steps in paragraph 6 are deemed to occur sequentially.
- counselThornton Grout Finnigan LLP
- order date29 January 2025
- purchaserTaro Pharmaceuticals Inc.
- residualcoResidualCo
- sealed itemsConfidential Appendix 'A' and Confidential Appendix 'B' to the Second Report