Ontario · CCAA
The purpose of this One Hundred Sixty Third Report of the Monitor (the “Report” ) is to provide information in respect of the Canadian Estate’s motion seeking approval of a transaction with 1000670439 Ontario Inc. (the “Purchaser”) in respect of the sale of the London Property (as defined below) (the “Transaction”)
Court officer report · 11 November 2024
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
- operational summaryThe Canadian Estate is winding down; this report seeks court approval for the sale of the London Property, the last real property owned by the Canadian Debtors, to 1000670439 Ontario Inc., with the purchaser assuming environmental monitoring responsibility on closing.
- purchaser1000670439 Ontario Inc.
- report date11 November 2024
- report noOne Hundred Sixty Third Report
- sale outcometext: The Monitor recommends approval of the Transaction as the best available outcome from the marketing process, pending Court approval of the Approval and Vesting Order. · scope: parcel · status: pending_approval