Ontario · Receivership (court-appointed)
Court Order dated February 2, 2017
Approval and vesting order · 2 February 2017
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 filing5 verified · 1 withheld
- closing termsVesting occurs upon delivery of the Receiver's Certificate confirming payment of the Purchase Price, satisfaction/waiver of closing conditions, and completion of the Transaction to the Receiver's satisfaction
- order date2 February 2017
- purchaserprice: sealed: true · scope: the Debtors' right, title and interest in and to the assets described in the Sale Agreement (the "Purchased Assets") · status: approved · name note: Purchaser defined only by reference to the sealed/confidential Sale Agreement; not named in the operative order · structure: assets · name source: operative · relationship: unstated · agreement date: 2017-01-16
- sale outcometext: the Transaction is hereby approved, the Sale Process conducted by the Receiver is hereby approved, nunc pro tunc · scope: parcel · status: approved
- sealed itemsSale Agreement appended as confidential appendix to the Report
1 extracted value is withheld: either a trap-shaped field where models produce confident wrong numbers, or an identity value whose quotation could not be found in the document. Withheld values are shown to no one.