Ontario · CCAA
Fourth Report of the Information Officer
Court officer report · 15 December 2023
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What we verified from this filing8 verified
- operational summaryThe Debtors continue an orderly wind-down and liquidation of their assets, including completing a real estate auction and Canadian property sales, with further asset sales and claims/distribution processes ongoing in the Chapter 11 Cases.
- process resultsbids: 70 · lois: 120 · ndas: 400 · note: Prior to the Bid Deadline, Ducera had received over 120 indications of interest; as of the bid deadline, over 70 parties had submitted bids · as of: 2023-11-09 · solicited: 650 · qualified bids: 70
- purchaserRoyal Group Holdings Inc.; Allstar Investments Inc.; Estes Express Lines
- report date15 December 2023
- report noFourth Report of the Information Officer
- sale advisorDucera
- sale outcometext: Debtors received binding offers pursuant to 21 Asset Purchase Agreements to purchase the Initial Properties at prices totalling approximately $1.882 billion · scope: parcel · status: approved
- stalking horseEstes Express Lines (1525000000)