Ontario · Receivership (court-appointed)
First Report of the Receiver dated January 23, 2017
Court officer report · 23 January 2017
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What we verified from this filing5 verified
- secured creditorsnote: Described as 'the primary secured creditor of the Debtors'; no balance stated on these pages. · page: 10 · debtor: Inno-Vite Incorporated, Trusted Health Group Inc., Natural Life Sciences Inc. · creditor: Royal Bank of Canada (RBC) · currency: CAD
- secured creditorsnote: Also stated to be a secured creditor of the Debtors; no balance stated on these pages. · page: 10 · debtor: Inno-Vite Incorporated, Trusted Health Group Inc., Natural Life Sciences Inc. · creditor: Business Development Bank of Canada (BDC) · currency: CAD
- process resultsbids: 3 · note: A summary of all parties contacted and offers received is in Confidential Appendix 2
- purchaserprice: sealed: true · currency: CAD · scope: the Property · status: proposed · name note: unnamed; redacted in Sale Agreement, described as an independent party · structure: assets · name source: recital · relationship: unstated · agreement date: 2017-01-16
- sale outcometext: The Receiver respectfully requests that the Court approve the Sale Agreement and direct the Receiver to complete the Sale Transaction. · scope: whole_business · status: pending_approval