Ontario · CCAA

Supplemental Report to the Tenth Report of the Monitor

Court officer report · 23 July 2018

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 filing3 verified

purchaserprice: note: The Rokstad APA provides for the payment of a cash purchase price; Revised Terms attached as sealed Confidential Appendices contain payment schedule details but no total amount is stated in the open text. · basis: cash · sealed: false · scope: the Rokstad Sale Transaction · status: proposed · name note: referred to only as the Rokstad Purchaser · structure: assets · name source: recital · relationship: unstated
sale advisorSale Advisor
sale outcometext: The Rokstad Purchaser was unable to fund the Purchase Price at closing; revised payment terms were negotiated to allow the transaction to proceed. · scope: whole_business · status: pending_approval