Manitoba · Receivership (court-appointed)
This is a Supplement to the First Report of the Receiver dated March 10, 2015. It is to be read in conjunction with the First Report and in conjunction with the Confidential Report of the Receiver dated March In, 2015 (the "Confidential Report"). Capitalized terms used in this Supplement shall bear the meanings ascribed to them in the First Report. With respect to the sale of the real property and chattels at located at 83 Higgins Avenue in Winnipeg, Manitoba, the Offer to Purchase entered into between the Receiver and the Purchaser for such sale did not set out the full legal descriptions for the civic address of 83 Higgins, such that a portion of the legal descriptions was omitted. The Receiver entered into an Addendum to Offer to Purchase with the Purchaser dated March 16, 2015 in order to correct the legal descriptions of the lands being sold. A true copy of the Addendum to Offer to Purchase is attached to this Supplement as Appendix "A"
Court officer report · 19 March 2015
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 filing9 verified
- applicantRoyal Bank of Canada
- appointeeErnst & Young Inc.
- appointee roleReceiver
- courtTHE QUEEN'S BENCH
- court file noCI 14-01-90850
- statutory basissection 243 of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended
- purchaserClearwater Investments Inc.
- report date23 March 2015
- report noSupplement to the First Report