Ontario · Receivership (court-appointed)
RBC v. LION FORCE TRANSPORT INC et al. Approval and Vesting Order (Auction Services Agreement) - Oct 5 2026 Justice Dietrich
Approval and vesting order · 5 October 2026
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
- counselBorden Ladner Gervais LLP
- order date5 October 2026
- presiding officerJustice Dietrich
- purchaserprice: note: purchase price determined at the Auction · sealed: false · scope: property purchased by each purchaser at the Auction (the Purchased Assets) of the Debtors · status: approved · name note: each purchaser at the Auction, unnamed; may include the Auctioneer · structure: auction · name source: operative · relationship: unstated
- sale advisorRitchie Bros. Auctioneers (Canada) Ltd.
- sale outcometext: Order authorizes the Receiver to enter into the Auction Services Agreement and the Auctioneer to conduct the Auction, with Purchased Assets vesting in each auction purchaser free and clear upon delivery of a Bill of Sale. · scope: liquidation · status: approved