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Aug 31, 2022 · On July 7, 2022, the Court granted an Approval and Vesting Order (“AVO”) in the CCAA Proceedings, providing among other things that the Monitor could effect a transaction (the “Transaction”) in which Bellatrix would be restructured, emerge from the CCAA proceedings and be replaced with 2350810 Alberta Ltd. (“Newco”) as the CCAA ...
Oct 2, 2019 · On October 2, 2019 (the “Filing Date”) Bellatrix Exploration Ltd. (“Bellatrix”, the “Company” or the “Applicant”) applied for and received an order (the “Initial Order”) for protection pursuant to the Companies’ Creditors Arrangement Act (“CCAA”), R.S.C.1985, c.C-36, as amended, from the Court of Queen’s Bench of ...
Aug 22, 2008 · I am pretty sure that Spartan Delta bought the assets out of receivership and that only Bellatrix's creditors received proceeds. That would mean the shares are worth $0, but you should look into it yourself to confirm.
Jun 23, 2022 · Among other requested relief under the Court Order, the Company is seeking authority to complete the Transaction with such Court Order as the only authorization required by Bellatrix or Newco to...
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.
Oct 2, 2019 · The publicly traded Bellatrix — whose primary operations are centred on the Spirit River liquids-rich natural gas play in the west-central part of the province — said Wednesday it is seeking a...
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Who owns Bellatrix Exploration Ltd?
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When did Bellatrix exploration close its sale transaction?
What is the Bellatrix CCAA transaction?
What is Bellatrix Exploration Ltd (BXE-T)?
What happened to Bellatrix & Newco?
The Transaction was approved today by the Court of Queen’s Bench of Alberta (the “ Court ”) pursuant to an Approval and Vesting Order (the “ Court Order ”) in the Company’s proceedings under the Companies’ Creditors Arrangement Act (the “ CCAA ”), and remains subject to certain remaining conditions.
