Ontario · Receivership (court-appointed)
First Report of the Receiver
Court officer report · 13 August 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 filing9 verified
- court file noCV-24-00720526-00CL
- applicantFarm Credit Canada
- appointeeFTI Consulting Canada Inc.
- appointee rolereceiver
- commencement date30 May 2024
- statutory basisSECTION 243(1) OF THE BANKRUPTCY AND INSOLVENCY ACT, R.S.C. 1985, C. B-3, AS AMENDED; AND SECTION 101 OF THE COURTS OF JUSTICE ACT, R.S.O. 1990, C. C.43, AS AMENDED
- process resultsndas: 34 · note: 34 parties have executed NDAs and have access to the data-room; site visits arranged from the week of August 19, 2024 · as of: 2024-08-13
- sale advisorFTI Capital Advisors Canada
- sale outcometext: Receiver seeks court approval of the SISP for the FCC Secured Property; marketing already commenced in July 2024 and Phase 1 is underway. · scope: whole_business · status: process_approved