British Columbia · Receivership (court-appointed)
Order - Re Approval and Vesting
Approval and vesting order · 20 October 2026
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
- closing termsUpon delivery by the Receiver to the Purchaser of the Receiver's Certificate, the Debtors' right, title and interest in the Purchased Shares vests in the Purchaser free and clear of Encumbrances; the Receiver may extend the Closing Date with the Purchaser's consent without further order.
- order date20 October 2026
- presiding officerJustice Loo
- purchaser1585936 B.C. Ltd.
- sale outcometext: Court approved the Receiver's share sale transaction with 1585936 B.C. Ltd. under the Letter of Intent as amended; vesting of the Purchased Shares occurs on delivery of the Receiver's Certificate. · scope: parcel · status: approved