Ontario · CCAA
Approval and Vesting Order (IC Lease Assignment)
Approval and vesting order · 25 July 2025
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
- closing termsVesting takes effect upon delivery by the Monitor to Hudson's Bay and IC of a Monitor's Certificate in the Schedule 'B' form, confirming that closing conditions are satisfied or waived and the Transactions are completed to the Monitor's satisfaction.
- counselStikeman Elliott LLP
- order date31 July 2025
- presiding officerJustice Osborne
- purchaserIvanhoe Realties Inc.
- sale advisorOberfeld
- sale outcometext: The Court approved the IC Lease Assignment Agreement and the Transactions; vesting of the Assigned Interest in IC is conditional on delivery of the Monitor's Certificate. · scope: parcel · status: approved