Thursday, May 21, 2009
11:00 – 12:30 (ET)
Alternate Time Zones: 8:00-9:30 a.m. (PT), 9:00-10:30 a.m. (MT), 10:00-11:30 a.m. (CT), 12:00-1:30 p.m. (AT), 12:30-2:00 p.m. (NT)  

Co-Presented by the CBA National Bankruptcy, Insolvency and Restructuring Law, Business Law and Real Property Law Sections

Presented live via webconference
Cost: $90.00 (plus applicable taxes)
 

Registration closed

This special online CLE is designed to provide, in three segments, essential information on purchasing from a receiver:

Appointment of a Receiver

Understand the definition of a receiver, the receiver’s typical powers and duties, and the common law basis for this role; know the difference between court appointed and privately appointed receivers. Our expert presenters will map out the terrain:

•        Model receivership appointment orders and receiver’s charges;
•        How receiver’s charges may prime creditors;
•        “Receiver/managers” and receivers;
•        The implications of secured and unsecured parties;
•        The receiver as officer of the court.
 
Sale Approval and Vesting Order:  Conveying Personal Property (Assuming a Court Appointment)

This portion of the presentation is devoted to the receiver’s due diligence in identifying, securing, valuing and selling personal property. Learn about dealing with other receivers, trustees in bankruptcy, tenants, identifying chattels, and appraisals. Gain insights on reporting and obtaining the approval of the courts, allocation of storage fees, collection and remittance of taxes, typical provisions in the Vesting Order and in the purchase agreement.
 
Sale Approval and Vesting Order:  Conveying Real Property (Assuming a Court Appointment)

What constitutes receiver due diligence in identifying, securing, valuing and selling real property?   The final segment of the presentation will provide answers. Gain expertise on what’s involved in:

•         Identifying all of the properties of the owner, and appraisals;
•         Reporting and obtaining the approval of the court;
•         Due diligence prior to preparing the form of offer;
•         Typical provisions in the purchase agreement;
•         Completing the transaction at the Land Registry Office;
•         Undertakings to readjust the primacy of property tax arrears and GST issues.

 

Presenters:

David Jackson
Taylor McCaffrey LLP (Winnipeg)

Raymond Mikkola
Pallett Valo LLP (Mississauga)

Frank Spizzirri
Cassels Brock & Blackwell LLP (Toronto)



 

*Please Note: Online CLE programs are available to CBA members only. Please visit Join the CBA (or call 1-800-267-8860) for information on how to become a CBA member.

Notes:

Ce programme est offert uniquement en anglais.

Minimum technical requirements to view this webcast:

Windows
• Microsoft® Windows® XP Professional or Home Edition with Service Pack 2 or Windows Vista®
• Internet Explorer 6 or 7
• Netscape Navigator 8.1
• Mozilla Firefox 1.5.04

Macintosh
• Mac OS X v10.4
• Safari 2.0
• Mozilla Firefox 1.5.03
 
Additional requirements
• Adobe® Flash® Player 8 or 9
• Broadband connection
• Cookies enabled in your web browser