Newfoundland and Labrador · Receivership (court-appointed)
Sale Approval & Vesting Order - Westcan Aircraft Sales & Salvage Ltd (3)
Approval and vesting order · 16 February 2021
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
- closing termsVesting occurs upon receipt of the cash purchase price and delivery of the Receiver's Certificate confirming completion
- presiding officerJustice Stack
- purchaserprice: note: certificate confirms Receiver's receipt of cash purchase price · basis: cash · sealed: false · scope: certain assets, undertakings, and property of Universal Helicopters Newfoundland and Labrador LP, 70703 Newfoundland and Labrador Inc., 81924 Newfoundland and Labrador Inc., and Universal Helicopters Holdings LP · status: approved · name note: purchaser named only in unreadable/OCR-corrupted text; name not legible · structure: assets · name source: operative · relationship: unstated · agreement date: 2021-01-28
- sealed itemsAffidavit #7, Supplemental Affidavit #7, and Affidavit #8 of J. Eric Findlay