Quebec · CCAA
Approval and Vesting Order
Approval and vesting order · 20 December 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 filing7 verified
- closing termsVesting takes effect on the issuance of the Monitor's Certificate (the Effective Date); steps occur per the Closing Sequence in Schedule B
- order date20 December 2024
- presiding officerJustice Céline Legendre
- purchaserMobility Technologies, LLC
- residualcoResidual Co.
- sale outcometext: Sale transaction to Mobility Tech's affiliates approved and vesting ordered, effective on issuance of the Monitor's Certificate · scope: whole_business · status: approved
- sealed itemsPurchase Agreement (Exhibit R-2/P-2) and the Email Exchange kept confidential and under seal until the earlier of the Effective Date and further order; Appendices A and B to the Second Report of the Monitor (Exhibit P-6) kept confidential and under seal until further order