Ontario · Receivership (court-appointed)
Approval Order by Justice Muszynski -15-APR-2025(10550044.1)
Approval and vesting order · 15 April 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 filing7 verified · 1 withheld
- closing termsvesting occurs upon delivery of a receipt for payment in full by the Auctioneer to any Purchaser
- counselHarrison Pensa LLP
- order date15 April 2025
- presiding officerJustice Muszynski
- purchaserprice: sealed: false · scope: the Debtors' right, title and interest in and to the Applicant assets described in the Auction Agreement (the "Assets") · status: approved · name note: purchasers at the Auction or the En Bloc Sale, unnamed · structure: auction · name source: operative · relationship: unstated
- sale advisorPlatinum Asset Services Inc.
- sale outcometext: the Sale, as contemplated by the revised Auction Proposal hereby approved, and the execution of the Auction Agreement or En Bloc Sale Agreement by the Receiver with Platinum is hereby authorized and approved · scope: whole_business · status: approved
1 extracted value is withheld: either a trap-shaped field where models produce confident wrong numbers, or an identity value whose quotation could not be found in the document. Withheld values are shown to no one.