Nova Scotia · NOI
Material Adverse Change Report of MNP
Court officer report · 12 October 2021
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
- closing confirmedscope: the Company's assets · outcome: not_completed · effective: 2021-10-05 · purchaser: Hercules SLR Inc. · date basis: stated · approval order date: 2021-09-29
- purchaserHercules SLR Inc.; Russell Industries Corp
- sale outcometext: The sale to Hercules did not close due to a disputed price adjustment; the Trustee reports this as a material adverse change requiring court direction · scope: whole_business · status: not_completed
- stalking horseRussell Industries Corp