Manitoba · Receivership (court-appointed)

First Report of the Receiver

Court officer report · 7 September 2020

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 filing3 verified

process resultsnote: 113 Additional Parties were contacted by the Second Sale Effort Letter in the receivership en-bloc sale process, in addition to the Existing Interested Parties; the earlier NOI SISP produced no qualified offers by the Initial (Feb 14, 2020) or Revised (May 15, 2020) deadlines · as of: 2020-09-07 · solicited: 113
sale advisorCorporate Assets
sale outcometext: Receiver accepted an en-bloc offer to purchase the Sawmill Assets, subject to receiving the Approval and Vesting Order; the Receiver will cancel the liquidation (auction) agreement · scope: whole_business · status: pending_approval