Ontario · Receivership (court-appointed)
Approval and Vesting Order (Lajord Property)
Approval and vesting order · 12 November 2024
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 · 1 withheld
- closing termsVesting occurs upon delivery of the Receiver's certificate to the Lajord Purchaser substantially in the form of Schedule A; the certificate confirms payment of the Purchase Price, satisfaction or waiver of the Article 6 closing conditions, and completion of the Transaction.
- counselMcCarthy Tétrault LLP
- order date12 November 2024
- presiding officerJustice Osborne
- purchaserC2 Farms
- sale outcometext: The Court approved the Transaction with C2 Farms for the Lajord Property and declared the Lajord Purchase Agreement a Successful Bid under the Sale Process; vesting is conditional on delivery of the Receiver's Certificate. · scope: parcel · 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.