Nova Scotia · Receivership (court-appointed)
Fourth Report of Deloitte Restructuring Inc. in its Capacity as Receiver and Manager
Court officer report · 3 October 2024
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 filing5 verified
- operational summaryThe Receiver is continuing to operate the Facility and care for the live salmon biomass while awaiting transfer of aquaculture license 1312 to the court-approved purchaser (459NSL); closing is expected in early November 2024, and the Receiver seeks to raise its borrowing limit from $6,000,000 to $8,000,000 to fund operations until then.
- purchaser4595756 Nova Scotia Limited
- report date3 October 2024
- report noFourth Report
- sale outcometext: Court approved sale of the Debtors' assets to 459NSL following the SISP; closing pending permit transfer · scope: whole_business · status: approved