Quebec · CCAA
Order (1) approving (A) sale of assets pursuant to asset purchase agreement with Railroad Acquisition Holdings LLC, (B) sale of assets free and clear of liens, claims, and interests, and (C) assumption and assignment of certain executory contracts and unexpired leases thereto and (II) granting related relief – dated January 24, 2014
Order (other) · 24 January 2014
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
- closing termsClosing timing and conditions upon entry of a corresponding Canadian vesting order
- order date24 January 2014
- outside date31 March 2014
- purchaserRailroad Acquisition Holdings LLC; Eastern Maine Railway Company and Springfield Railway Terminal Company
- sale outcometext: Sale approved to Railroad Acquisition Holdings LLC as Successful Bidder following auction, with back-up bids also approved · scope: whole_business · status: approved
- stalking horsestate: stated