Ontario · CCAA
Approval and Vesting Order (Hudson’s Bay Company Royal Charter)
Approval and vesting order · 19 September 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 filing6 verified
- closing termsVesting is effective upon delivery to the Purchasers of the Monitor's Certificate confirming payment of the $18,000,000 purchase price and that the Transaction has been completed to the satisfaction of the Monitor.
- counselStikeman Elliott LLP
- order date11 December 2025
- presiding officerJustice Osborne
- purchaserWittington Investments, Limited and DKRT Family Corp.
- sale outcometext: Court approved the sale of the Hudson's Bay Company Royal Charter to Wittington Investments, Limited and DKRT Family Corp. for $18,000,000 and ordered it vested in them free and clear upon delivery of the Monitor's Certificate. · scope: ancillary · status: approved