Ontario · Receivership (court-appointed)
Approval and Vesting Order (re RWB Loan Sale Transaction)
Approval and vesting order · 14 June 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 filing7 verified · 1 withheld
- closing termsVesting of the Assigned Rights in the Purchaser occurs upon delivery of the Receiver's Certificate, free and clear of Claims and Encumbrances
- counselThornton Grout Finnigan LLP
- order date14 June 2024
- presiding officerJustice W.D. Black
- purchaserRoyal Group Resources Ltd.
- sale outcometext: The Court approved the RWB Transaction (sale of the Assigned Rights to Royal Group Resources Ltd. under the LPA dated May 24, 2024); vesting is effective on delivery of the Receiver's Certificate. · scope: parcel · status: approved
- sealed itemsConfidential Appendix 'A' to the Twenty-Second Report, containing the unredacted version of the LPA, sealed until the Receiver's Certificate is filed with the Court
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.