Ontario · Receivership (court-appointed)

Fourth Report of the Receiver (March 28, 2024)

Court officer report · 28 March 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 filing3 verified

closing confirmedscope: all or substantially all of the assets of MVCI and Golden Miles (the Mahal Transaction) · outcome: completed · effective: 2022-05-18 · purchaser: 12175622 Canada Inc. · date basis: stated · approval order date: 2022-04-11
purchaser5051802 Ontario Inc.; 12175622 Canada Inc.
sale outcometext: Court issued the Approval and Vesting Order approving the Sale Transaction of the Consumer Portfolio and related assets to 5051802 Ontario Inc.; the Receiver continues to engage with the Purchaser on the vendor take back note arrangement. · scope: whole_business · status: approved