Quebec · CCAA
Approval, Vesting and Assigment Order in Respect of the Assets of the Titus Company dated March 16, 2023
Approval and vesting order · 16 March 2023
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 occurs upon issuance of the Monitor's Certificate, conditioned on execution/delivery of the Purchase Agreement, payment of the Purchase Price, and satisfaction or waiver of closing conditions.
- order date16 March 2023
- presiding officerJustice Christian Immer
- purchaserFAD Pennsylvania Inc.
- sale outcometext: The Transaction with FAD Pennsylvania Inc. for the assets of The Titus Company is approved after no bids were received in the SISP process · scope: parcel · status: approved
- sealed itemsAsset Purchase Agreement dated March [9], 2023 (Exhibit P-5A)