Manitoba · Receivership (court-appointed)
Fourth Report of the Receiver – Dated January 22, 2025
Court officer report · 22 January 2025
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What we verified from this filing5 verified
- closing confirmedscope: specific assets of Genesus and Can-AM (Amended GGTI APA) · outcome: completed · effective: 2024-07-26 · purchaser: GGTI · date basis: stated · approval order date: 2024-07-26; scope: the Riverdale Property · outcome: completed · date basis: unstated · approval order date: 2024-10-08; scope: specific assets (original GGTI Transaction) · outcome: not_completed · purchaser: GGTI · date basis: unstated · approval order date: 2024-07-04
- fee scheduleengagements: form: invoice_listing · rows: · money: total: quote: BDO's accounts total $368,364 in fees and disbursements, inclusive of OST · amount: 368364 · includes tax: true · includes disbursements: true · approximate: false · period: end: 2024-12-31 · kind: invoice · quote: for the period June 11, 2024 to December 31, 2024 · start: 2024-06-11 · approval: state: unstated · averages: rate: 346 · quote: The average blended hourly rate charged by BDO in these proceedings for invoices issued to date is $346 per hour. · scope: invoices issued to date · currency: · invoices: · firm text: BDO Canada Limited · firm quote: FOURTH REPORT OF BDO CANADA LIMITED, IN ITS CAPACITY AS COURT APPOINTED RECEIVER OF GENESUS INC., CAN-AM GENETICS INC., AND GENESUS GENETICS INC. · context quote: a summary of the invoices of BDO, in its capacity as Receiver, for fees and disbursements incurred during the course of the proceedings for the period June 11, 2024 to December 31, 2024
- purchaserGGTI; GGTI; price: sealed: false · scope: the Riverdale Property · status: closed · name note: purchaser of the Riverdale Property · structure: real_property · name source: recital · relationship: unstated; Zeljko Bogdanoivc; Luyao Li and Kenan Yang
- sale advisorThe Moore Group; Halladay Appraisal Services Ltd.; Ritchie Bros.; McDougall Auctioneers Ltd.
- sale outcometext: Sale of the Park Blvd. Property proposed to Li & Yang, pending Court approval · scope: parcel · status: pending_approval