Ontario · CCAA
Approval and Reverse Vesting Order
Reverse vesting order · 7 March 2025
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 filing7 verified
- closing termsDelivery of Monitor's Certificate triggers the Effective Time and Closing Sequence, including vesting of ResidualCo assets and Purchased Shares.
- order date7 March 2025
- presiding officerJustice Osborne
- purchaserNorth Mill Equipment Finance, LLC
- residualcoCGL Holdco, LLC
- sale outcometext: Approval and Reverse Vesting Order approving the Share Purchase Agreement and Transactions · scope: parcel · status: approved
- sealed itemsConfidential Exhibit 'B-2' to the Fourth Report