New Brunswick · Receivership (court-appointed)
Second Report of the Receiver dated May 15, 2025
Court officer report · 15 May 2025
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
- operational summaryThe Receiver has sold vehicles back to FCA and KIA under repurchase provisions, is seeking approval of the sale of 48 Notre Dame Street (PID 50412683) and of a tender sale process for the remaining real estate, vehicles, inventory and equipment, and is addressing a CIBC set-off claim and an environmental matter at PID 50041953.
- purchaserRCGP
- report date15 May 2025
- report noSecond Report
- sale advisorEvaluations Perron's Appraisals
- sale outcometext: The Receiver has been working diligently to formalize and finalize a tender information package and proposed sales process · scope: parcel · status: process_approved