Ontario · Foreign recognition (CCAA)
Sale Recognition and Vesting Order dated October 18, 2019
Reverse vesting order · 18 October 2019
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 filing5 verified
- closing termsVesting occurs upon delivery of the Information Officer's Certificate, issued once Closing conditions under the Asset Purchase Agreement are satisfied or waived and the transactions are completed.
- order date18 October 2019
- purchaserJC Buyer Company, Inc.
- sale outcometext: CCAA recognition court recognizes the U.S. Sale Order and vests the Canadian Acquired Assets in the Buyer upon delivery of the Information Officer's Certificate. · scope: whole_business · status: approved
- stalking horseJC Buyer Company, Inc.