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Jul 14, 2020 · A recent decision in the Companies’ Creditors Arrangement Act (“CCAA”) proceedings of Bellatrix Exploration Ltd. (“Bellatrix”) serves as a useful reminder to professionals that a court-ordered charge may not be enough to ensure their fees will be paid at the end of the day.
In Bellatrix, the Contract was comprised of a (i) GasEDI Base Contract for Short-Term Sale and Purchase of Natural Gas and Special Provisions for GasEDI Base Contract (collectively, the “GasEDI Agreement”), and (ii) several Transaction Confirmations for Immediate Delivery (the “Transaction Confirmations”). Pursuant to the GasEDI ...
We’ve curated helpful information from our Homebuyers’ Road Map and Tips for Buyers, to share with you some of the most important terminology a new buyer needs to know—from pre-purchase to post-purchase. Before you buy. First things first, you need to find yourself a REALTOR®.
Jun 4, 2019 · Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) (TSX: BXE), a publicly traded Canadian oil and natural gas company engaged in exploration for, and the acquisition, development and production of, oil and natural gas reserves, completed on June 4, 2019, a recapitalization transaction (the “Recapitalization Transaction”) pursuant to a Cou...
Jan 29, 2018 · What is environmental contamination in a sale transaction? In real estate, environmental contamination happens because of the previous owner’s use of the property, or because of the nature of the business that used the property.
Apr 23, 2020 · CALGARY, Alberta, April 23, 2020 (GLOBE NEWSWIRE) — Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) announces a sale transaction (the “Transaction”) pursuant to which Return Energy Inc. (to be renamed Spartan Delta Corp.), through its wholly-owned subsidiary, Winslow Resources Inc. (the “Purchaser”), will acquire ...
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A waste in real estate terms describes the abuse, damage, or destruction, of property by someone who has possession of it, not is not the owner, causing damages that the true owner would incur. Damages resulting from waste are beyond regular wear and tear.
