Newfoundland and Labrador · Receivership (court-appointed)
Sale Approval & Vesting Order - Wiskair Helicopters Ltd.
Approval and vesting order · 21 December 2020
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 Receiver's receipt in full of the cash purchase price and delivery of the Receiver's Certificate
- order date8 December 2020
- presiding officerJustice Stack
- purchaserprice: note: cash purchase price referenced but no amount stated · basis: cash · sealed: false · scope: certain assets, undertakings, and property of Universal Helicopters Newfoundland and Labrador LP ("UHNL LP"), 70703 Newfoundland and Labrador Inc. ("70703 NL"), 81924 Newfoundland and Labrador · status: approved · name note: Purchaser named only in the Purchase Agreement/Receiver's Certificate, not stated by name in the order text · structure: assets · name source: operative · relationship: unstated
- sealed itemsAffidavit #5 of J. Eric Findlay