Ontario · Receivership (court-appointed)
Third Report of the Receiver dated November 3, 2021
Court officer report · 3 November 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 filing7 verified
- closing confirmedscope: Approved Sale Transactions (4231, Maple Medi, Apothecary, Bless Hui, River Hill, and Stoney Creek) with exception of Bless Hui Pharmacy · outcome: completed · date basis: unstated · approval order date: 2021-08-12; scope: Bless Hui Pharmacy sale transaction (Bless Hui APS) · outcome: not_completed · date basis: unstated
- operational summaryThe Receiver is still operating the Olde Walkerville, Bless Hui and Sigma pharmacies while re-listing Bless Hui and Olde Walkerville for sale, is seeking approval of the Jubilee, JGWI and Brimley sales, and is seeking discharge for five non-operating estates (Theotokos, Westway, Cooksville, SJ East, Westview).
- professional feesnote: Fees for the Sigma estate only (inclusive of HST, disbursements and a $6,306.50 discount; 168.80 hours at $349.37/hr). Report states separate fee amounts for each of 16 debtor estates for July 1 to October 27, 2021 (e.g., Brimley $53,829.17, Bless Hui $53,141.36, Olde Walkerville $41,761.13) and separate Receiver's Counsel fees per estate; no aggregate total is stated. · party: Receiver (Spergel) – Sigma Healthcare Inc. estate · amount: 59513.71 · period: to and including October 27, 2021 · currency: CAD
- purchaserGeorge Chan in trust for a Company to be incorporated; George Chan in trust for a Company to be incorporated; 2868783 Ontario Inc.; Guide Pharma Inc.
- report date3 November 2021
- report noThird Report
- sale advisorMaged Bebawy