Ontario · Proposal
Trustee's Fourth Report to Court dated May 9, 2018.PDF
Court officer report · 9 May 2018
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 filing7 verified
- operational summaryBella continues to operate its 160-bed long-term care facility in Niagara Falls; the MOHLTC lifted the admissions suspension effective March 5, 2018 and Bella resumed accepting new residents at about five per week, while a court-approved sale process produced an APA (executed April 4, 2018) with a purchaser, subject to court and MOHLTC approval.
- process resultslois: 8 · as of: 2018-05-09 · solicited: 96
- purchaser2622102 Ontario Inc
- report date9 May 2018
- report noFourth Report
- sale advisorGrant Thornton Corporate Finance Inc.
- sale outcometext: APA executed with the Purchaser, due diligence condition waived, awaiting approval and MOHLTC license transfer · scope: whole_business · status: pending_approval