Ontario · NOI
Approval and Vesting Order – dated December 17, 2021
Approval and vesting order · 17 December 2021
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 termsClosing occurs via delivery of two Proposal Trustee's certificates: the ResidualCo Certificate transferring Excluded Assets/Liabilities to ResidualCo, followed by bankruptcy of ResidualCo, then the Share Sale Certificate vesting the New Class A Shares in the Purchaser.
- counselChaitons LLP
- counselAird & Berlis LLP
- order date17 December 2021
- presiding officerJustice Penny
- purchaser1000003509 Ontario Limited
- residualco1000054770 Ontario Inc.
- stalking horse1000003509 Ontario Limited