Manitoba · Receivership (court-appointed)
Seventh Report of the Receiver – dated September 10, 2020
Court officer report · 10 September 2020
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 filing4 verified
- closing confirmedscope: the Toronto Property · outcome: completed · effective: 2020-08-28 · date basis: stated · approval order date: 2020-08-10
- purchaserprice: sealed: false · scope: certain NPL real property located at 1 Niargara Street in Toronto, Ontario (the 'Toronto Property') · status: closed · name note: purchaser of the Toronto Property, unnamed in the report; sale approved Aug 10, 2020 and closed Aug 28, 2020 · structure: real_property · name source: operative · relationship: unstated; price: sealed: false · scope: NPL real property located at 1300, 1302 and 1340 Notre Dame Avenue and 1440 Clifton Street (the 'Notre Dame Property') in Winnipeg, Manitoba · status: approved · name note: purchaser of the Notre Dame Property, unnamed in the report · structure: real_property · name source: operative · relationship: unstated
- sale advisorHilco; Colliers International; CBRE Limited
- sale outcometext: Going concern en-bloc sale unlikely; Liquidation Sale of retail inventory and FF&E continuing in remaining 137 stores; Toronto Property sale closed; Inkster and Broadway properties being marketed. · scope: liquidation · status: liquidation_in_progress