Ontario · Foreign recognition (CCAA)
Tab 2O – US Sale Order (October 11, 2019) (part 1)
Order (other) · 11 October 2019
What we verified from this filing5 verified
- closing termsClosing may occur any time after entry of the order; no obligation to close until conditions precedent are met or waived.
- order date11 October 2019
- purchaserprice: note: Consideration consisted of the Credit Bid and Release plus cash consideration and assumption of the Assumed Liabilities · basis: mixed · sealed: false · currency: USD · scope: the Acquired Assets · status: approved · name note: Referred to only as "the Buyer" / "Stalking Horse Bidder or any Buyer Designee"; no proper name given · structure: assets · name source: operative · relationship: stalking_horse · agreement date: 2019-08-22 · nominee or assignee: any Buyer Designee
- sale outcometext: Court approved the sale of the Acquired Assets to the Buyer pursuant to the Stalking Horse APA; no Qualified Bid other than the Stalking Horse APA was received and no Auction was held. · scope: whole_business · status: approved
- stalking horsestate: stated · currency: USD · is lender: true