Ontario · CCAA
Approval and Vesting Order (YM Lease Assignments)
Approval and vesting order · 25 July 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 filing8 verified
- closing termsVesting of the Assigned Interest in YM takes effect upon delivery of a Monitor's Certificate (substantially in the form of Schedule 'B') to Hudson's Bay and YM.
- counselStikeman Elliott LLP
- order date31 July 2025
- presiding officerJustice Osborne
- purchaserYM Inc. (Sales)
- sale advisorOberfeld
- sale outcometext: The Court approved the YM Lease Assignment Agreement and the transactions, vesting the assigned leases in YM upon delivery of the Monitor's Certificate. · scope: parcel · status: approved
- sealed itemsConfidential Appendix 'A' to the Seventh Report is sealed pending closing of the Transactions and shall not form part of the public record.