Ontario · CCAA
The purpose of this Twenty-Seventh Report of the Monitor ("Twenty-Seventh Report") is to provide information regarding the Applicants' motion seeking approval of a sale of vacant lands in Ottawa, Ontario (the "Lands") pursuant to an agreement of purchase and sale dated October 8, 2009 (the "Agreement"), between NNL and 561121 Ontario Inc. (the "Purchaser"), an affiliate of The Regional Group of Companies Inc. ("Regional"), and to provide the Monitor's support for the proposed transaction
Court officer report · 16 November 2009
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 filing4 verified
- process resultsbids: 3 · note: Eight parties were given data room access; three ultimately submitted bids. · as of: 2009-11-16 · solicited: 107 · qualified bids: 3
- purchaser561121 Ontario Inc.
- sale advisorDTZ Ballicke; Altus Group Limited
- sale outcometext: Applicants' motion seeking approval of a sale of vacant lands to 561121 Ontario Inc., recommended by the Monitor · scope: parcel · status: pending_approval