Alberta · Receivership (court-appointed)
Third Report of the Receiver
Court officer report · 20 January 2025
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What we verified from this filing3 verified · 1 withheld
- process resultslois: 1 · note: 11 additional parties requested extension but no further bids; only one non-conforming non-binding LOI received · as of: 2024-05-31 · qualified bids: 0
- purchaserprice: note: price attributable to MHL and Vanshaw was materially lower than appraised value; not conforming bid · sealed: true · scope: an expression of interest to purchase MHL and 100% of the shares of Vanshaw, operating as the Copper Coulee Casino at MHL · status: not_completed · name note: unnamed non-binding LOI bidder for MHL and Vanshaw shares · structure: hybrid · name source: recital · relationship: unstated; price: note: included a 25% discount to the appraised valuation of Mayfield's indirect 50% interest in Vanshaw, payable over 36 months per the 1995 USA · sealed: true · scope: the offer to purchase Mayfield's 50% ownership in 1995 contained in the Withdrawing Purchase Notice · status: not_completed · name note: purchaser under the Withdrawing Purchase Notice for Mayfield's 50% interest in 1995 / indirect interest in Vanshaw · structure: shares · name source: recital · relationship: unstated
- sale advisorErnst & Young Inc.; MNP LLP; Avison Young
1 extracted value is withheld: either a trap-shaped field where models produce confident wrong numbers, or an identity value whose quotation could not be found in the document. Withheld values are shown to no one.