Ontario · Receivership (court-appointed)
Order of Hainey J (Approval and Vesting Order) October 31, 2018
Approval and vesting order · 31 October 2018
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 filing6 verified
- closing termsVesting effective upon delivery of Receiver's Certificate confirming payment of the Purchase Price and satisfaction of closing conditions
- order date31 October 2018
- presiding officerJustice Hainey
- purchaserprice: note: price and Sales Agreement contained in sealed Confidential Appendices "1" and "2" of the Report · sealed: true · scope: the Debtor's right, title and interest in and to the assets described in the Sales Agreement (the "Purchased Assets") · status: approved · name note: defined only as 'the Purchaser' under the Sales Agreement, name not stated in operative text · structure: assets · name source: recital · relationship: unstated · agreement date: 2018-10-23
- sale outcometext: the Transaction is hereby approved · scope: whole_business · status: approved
- sealed itemsConfidential Appendices "1" and "2" of the Report