Saskatchewan · NOI
Trustee Third Report
Court officer report · 23 June 2014
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 filing6 verified · 1 withheld
- closing confirmedscope: the sale transaction ('Transaction') under the Asset Purchase Agreement · outcome: completed · effective: 2014-05-12 · purchaser: 6898662 Beverages LP, by its General Partner, 6898662 Manitoba Ltd. · date basis: stated · approval order date: 2014-05-12
- operational summaryThe sale transaction closed May 12, 2014 and operations transitioned to the purchaser, who hired substantially all employees. The Company is completing post-closing matters, secured creditors have largely been paid from sale proceeds, and surplus funds are expected for ABL's unsecured creditors, with the trustee seeking an extension to August 8, 2014 to file a proposal.
- purchaser6898662 Beverages LP, by its General Partner, 6898662 Manitoba Ltd.
- report date23 June 2014
- report noThird Report
- sale outcometext: The Transaction was approved by the May 12, 2014 Sale Approval and Vesting Order and closed May 12, 2014, with operations transitioning to the Purchaser. · scope: whole_business · status: closed
1 extracted value is withheld: either a trap-shaped field where models produce confident wrong numbers, or an identity value whose quotation could not be found in the document. Withheld values are shown to no one.