Ontario · Receivership (court-appointed)
Order (Approving SSP), dated November 15, 2022
Sale process approval order · 15 November 2022
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 filing17 verified
- applicantAVENA FOODS LIMITED
- appointeeBDO Canada Limited
- appointee rolereceiver and manager
- commencement date15 November 2022
- courtSUPERIOR COURT OF JUSTICE (COMMERCIAL LIST)
- court file noCV-22-00689769-00CL
- provinceONTARIO
- statutory basisSection 101 of the Courts of Justice Act and Section 243(1) of the Bankruptcy and Insolvency Act
- bid deadline9 December 2022
- break feeamount: 55000 · currency: CAD
- counselThornton Grout Finnigan LLP
- order date15 November 2022
- outside date21 December 2022
- presiding officerJustice Osborne
- purchaserAvena Foods Limited
- sale outcometext: SSP and stalking horse agreement approved; sale and vesting to be considered on subsequent motion · scope: whole_business · status: process_approved
- stalking horseAvena Foods Limited