Ontario · CCAA
Fifth Report of the Monitor dated October 29, 2020.PDF
Court officer report · 29 October 2020
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What we verified from this filing5 verified
- closing confirmedscope: sale transaction between the Beleave Group and the Purchaser as approved by the Court on September 18, 2020 · outcome: not_completed · date basis: unstated · approval order date: 2020-09-18; scope: retail cannabis license (SK Store) · outcome: not_completed · purchaser: 1178647 B.C. Ltd. · date basis: unstated
- fee scheduleengagements: form: time_summary · rows: · money: approximate: false · period: end: 2020-10-20 · kind: invoice · quote: for the period from August 10, 2020 through October 20, 2020 · start: 2020-08-10 · approval: state: unstated · averages: rate: 464.74 · quote: The average hourly rate is $464.74. · currency: · invoices: · firm text: Fasken · firm quote: true copies of the statements of account of Fasken · hours total: quote: 104.2 hours were incurred by Fasken, for the period from August 10, 2020 through October 20, 2020 · value: 104.2 · context quote: the statements of account of Fasken in respect of services rendered to the Monitor for the period from August 10, 2020 through October 20, 2020
- purchaserprice: note: Earn-Out component of the Purchaser's purchase price under the APA referenced but no amount stated · sealed: false · scope: substantially all of the Beleave Group's assets, including certain share purchase agreements relating to the shares of BKC and 933 · status: approved · name note: referred to only as 'the Purchaser'; not named in the excerpted text · structure: hybrid · name source: recital · relationship: unstated · agreement date: 2020-09-08; 1178647 B.C. Ltd.
- sale outcometext: The sale transaction with the Purchaser was approved and the parties are working to close it prior to the end of October 2020 · scope: whole_business · status: pending_approval
- stalking horsestate: stated