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Oct 2, 2019 · If you are a creditor and your name is on the list, and the amount shown for you is incorrect, no action is needed from you at this time, as the amount owed to you will be updated during a claims process.
Miller Thomson insolvency lawyers, Asim Iqbal and Sam Massie, examines a 2020 decision in the CCAA proceedings of Bellatrix Exploration ltd.
Feb 17, 2021 · Bellatrix Exploration Ltd. (Bellatrix) obtained protection under the Companies’ Creditors Arrangement Act (Canada) (CCAA). At the time of the CCAA filing, Bellatrix was party to certain contracts with an energy producer (EP) for the purchase and sale of natural gas (Contract).
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 ...
Jun 1, 2020 · Pursuant to the Transaction, Return Energy Inc. (renamed Spartan Delta Corp.), through its wholly-owned subsidiary, Winslow Resources Inc. (the “Purchaser”), has acquired substantially all of Bellatrix’s assets relating to its oil and gas business, with the exception of the Company’s working capital and certain other excluded assets. In ...
Jun 22, 2021 · 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.
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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...
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