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Nygard's Broadway building approved for sale

Winnipeg Free Press
Fashion magnate in jail; faces sex charges in U.S.
Posted:
MIKAELA MACKENZIE / WINNIPEG FREE PRESS FILES
A Court of Queen’s Bench Justice has approved the sale of the 13,000-square-foot Nygard store at Broadway and Sherbrook in Winnipeg.
A judge has approved the sale of Peter Nygard’s Broadway retail facility, the fourth property to be sold since the Nygard Group of companies went into receivership.
A judge has approved the sale of Peter Nygard’s Broadway retail facility, the fourth property to be sold since the Nygard Group of companies went into receivership.
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Sale approved for Nygard property on Broadway in Winnipeg, last of 4 sold under receivership

Sale approved for Nygard property on Broadway in Winnipeg, last of 4 sold under receivership
Caroline Barghout
© Jeff Stapleton/CBC
The Nygard property at the corner of Broadway and Sherbrook Street in Winnipeg has sold, nine months after it was listed for sale.
The last property associated with the once-ubiquitous Nygard fashion brand has been sold in Winnipeg.
On Thursday, Manitoba Court of Queen s Bench Justice James Edmond approved the sale of a 22,000-square-foot property at the corner of Broadway and Sherbrook Street belonging to Nygard Properties Ltd..
Nine Nygard companies have been under court-appointed receivership since March 18, 2020. They owed nearly $50 million to approximately 350 creditors around the world, including 40 Manitobans, according to the receiver s first report to the court. ....

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Manitoba judge lifts stay, allows receiver company to sell Nygard property on Inkster Boulevard

Manitoba judge lifts stay, allows receiver company to sell Nygard property on Inkster Boulevard
As Peter Nygard, 79, sits in jail in Winnipeg on charges related to allegations of sex trafficking, racketeering and other related crimes, the Court of Appeal of Manitoba has ruled that the court-appointed receiver of nine Nygard companies can sell one of its major properties in Winnipeg.
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If the stay is not lifted, the sale agreement will come to an end, ruled Justice Janice leMaistre
Posted: Jan 05, 2021 9:35 PM CT | Last Updated: January 6
In November 2020, Manitoba Court of Queen s Bench Justice James Edmond approved the sale of 1771 Inkster Blvd, shown here, and set Jan. 18, 2021, as the closing date.(Jeff Stapleton/CBC) ....

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Receiver tells judge sale of Nygard warehouse must proceed

Winnipeg Free Press
The sale of the Nygard warehouse on Inkster Boulevard has been approved by a judge.
A court-appointed receiver is fighting to proceed with the sale of one of Peter Nygard’s flagship business properties after the transaction was put on hold in advance of an appeal by Nygard to have the receiver discharged.
A court-appointed receiver is fighting to proceed with the sale of one of Peter Nygard’s flagship business properties after the transaction was put on hold in advance of an appeal by Nygard to have the receiver discharged.
Last month, Court of Queen’s Bench Justice James Edmond approved the sale of Nygard’s Inkster Boulevard warehouse by receiver Richter Advisory Group, with a set closing date of Jan. 18, 2021. ....

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