Ontario · Receivership (court-appointed)
Fourth Report of the Receiver
Court officer report · 28 August 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
- process resultsbids: 2 · ndas: 58 · note: 8 offers received at the Phase 1 deadline (5 qualified); 2 Final Bids at the Phase 2 deadline; approximately 300 parties inquired · as of: 2020-08-19 · solicited: 1700 · qualified bids: 5
- purchaser494 Yonge Street Inc.
- sale advisorCBRE Limited
- sale outcometext: The Receiver selected 494 Inc.'s bid as the Successful Bid and seeks court approval of the sale of the Halo Project; no Backup Bid was selected. · scope: whole_business · status: pending_approval