Ontario · Receivership (court-appointed)
Approval of Vesting Order of Justice Dunphy dated Augsut 16,2018(Malmo)June 27, 2018
Approval and vesting order · 27 June 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 filing5 verified
- closing termsVesting is effective upon delivery of a Receiver's certificate confirming payment of the Purchase Price, satisfaction or waiver of closing conditions in sections 18, 19 and 20 of the Sale Agreement, and completion of the Transaction to the Receiver's satisfaction.
- order date16 August 2018
- presiding officerJustice Dunphy
- purchaserSeven-Cos Ltd.
- sale outcometext: Court approved the Transaction for 65 Malmo Court, Vaughan, with vesting in Seven-Cos Ltd. upon delivery of the Receiver's Certificate. · scope: parcel · status: approved