Going once, going twice: Hotel property sold in a rare court-ordered live auction

John Sandrelli and Eamonn Watson of Dentons recount how the British Columbia Supreme Court took the rare step of ordering a live in-court auction for a 100-room hotel in receivership, resulting in a $3.5 million increase in sale proceeds and highlighting the Court’s pragmatic approach to balancing fairness and creditor recovery under the Soundair factors.

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