Alberta · Receivership (court-appointed)
Approval and Vesting Order (Sale by Receiver of certain assets to Ember Resources Inc.)
Approval and vesting order · 19 February 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 filing5 verified
- closing termsVesting is effective upon the Receiver delivering the Receiver's Closing Certificate to the Purchaser, confirming payment of the Purchase Price, satisfaction or waiver of the conditions to Closing in Articles 11 and 12 of the Sale Agreement, and completion of the Transaction to the Receiver's satisfaction.
- order date19 February 2020
- presiding officerJustice K. M. Eidsvik
- purchaserEmber Resources Inc.
- sale outcometext: The Court approved the sale of certain assets of the Debtors by the Receiver to Ember Resources Inc. and vested them in the Purchaser free and clear, effective on delivery of the Receiver's Closing Certificate. · scope: parcel · status: approved