Newfoundland and Labrador · CCAA
Monitor's Fifth Report Dated June 26, 2025
Court officer report · 26 June 2025
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What we verified from this filing4 verified
- closing confirmedscope: the R.S. Journey vessel and associated crab fishing gear · outcome: completed · date basis: unstated · approval order date: 2025-04-14
- process resultsbids: 2 · note: Bids received by revised bid deadline of June 17, 2025 for Lot 3; no offers received for Lot 2 · as of: 2025-06-17
- purchaserprice: sealed: false · scope: Lot 3 · status: terminated · name note: Initial Successful Bidder on Lot 3; agreement terminated due to unsatisfied financing condition · structure: assets · name source: recital · relationship: unstated; price: note: Details of the Revised Proposed Transaction, including price, are contained in sealed Confidential Appendix A, not disclosed in this report · sealed: true · scope: Lot 3 · status: proposed · name note: Successful Bidder for Lot 3 under the Revised Proposed Transaction, unnamed in this report · structure: assets · name source: recital · relationship: unstated; price: sealed: false · scope: the R.S. Journey vessel and associated crab fishing gear · status: closed · name note: R.S. Journey vessel purchaser, unnamed in this report · structure: assets · name source: recital · relationship: unstated
- sale outcometext: Revised Proposed Transaction for Lot 3 pending court approval · scope: parcel · status: pending_approval