British Columbia · CCAA
Order Made After Application (LIQUIDATION AND STAY EXTENSION)
Order (other) · 10 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 filing5 verified
- order date10 December 2024
- presiding officerJustice Gropper
- purchaserprice: note: No purchase price stated; Maynards is paid an 18% buyer's premium and net sale proceeds are remitted to the Monitor · sealed: false · scope: the assets located at 880 Vaughan Avenue, Kelowna, British Columbia, and more particularly described in Schedule 'A' to the Auction Agreement · status: approved · name note: end purchasers at auction/private sale, unnamed; Maynards engaged as auctioneer · structure: auction · name source: operative · relationship: unstated · agreement date: 2024-12-09
- sale advisorMaynards Industries II Canada Ltd.
- sale outcometext: Court approved the Auction and Liquidation Agreement with Maynards to market and sell the Assets at 880 Vaughan Avenue, Kelowna by private sale and/or one-day online auction · scope: liquidation · status: liquidation_in_progress