Ontario · CCAA
Stella Approval Order
Approval and vesting order · 25 May 2023
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 filing6 verified · 2 withheld
- closing termsVesting of the Purchased Assets in the Purchaser takes effect upon delivery of the Monitor's certificate to the Purchaser, confirming payment of the Purchase Price, satisfaction or waiver of closing conditions, and completion of the transaction to the Monitor's satisfaction.
- counselMiller Thomson LLP
- order date25 May 2023
- presiding officerJustice Steele
- purchaserStella MSO LLC
- sale outcometext: The Stella Transaction (sale of intellectual property, equipment and other assets to Stella MSO LLC) is approved; vesting is to occur on delivery of the Monitor's Certificate. · scope: whole_business · status: approved
2 extracted values are withheld: either a trap-shaped field where models produce confident wrong numbers, or an identity value whose quotation could not be found in the document. Withheld values are shown to no one.