Search results
CALGARY, Alberta, June 22, 2021 (GLOBE NEWSWIRE) — Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) announces a transaction (the “Transaction”) pursuant to which 1184262 B.C. Ltd. (the “Purchaser”), an affiliate of Hillcore Group Ltd. (“Hillcore”), will acquire 33,433,255 new common shares issued by Bellatrix (the ...
Jun 23, 2022 · Following the termination of the June 2021 Transaction, the Company, with the assistance of its advisors and in consultation with the Court-appointed monitor in its CCAA proceedings (the "...
Jun 22, 2021 · CALGARY, Alberta, June 22, 2021 (GLOBE NEWSWIRE) — Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) announces a transaction (the “Transaction”) pursuant to which 1184262 B.C. Ltd. (the “Purchaser”), an affiliate of Hillcore Group Ltd. (“Hillcore”), will acquire 33,433,255 new common shares issued by Bellatrix (the ...
Jun 23, 2022 · CALGARY, AB – Bellatrix Exploration Ltd. (“Bellatrix” or the “Company“) announces a transaction (the “Transaction“) pursuant to which, among other things, Spartan Delta Corp.
- Background
- The Court’S Decision
- Implications
The proposed appeal arose out of a decision rendered by Madam Justice Romaine in respect of the obligation of the debtor, Bellatrix, to continue to perform an EFC during the course of its CCAA proceedings.3 In that decision, Justice Romaine found that subsection 34(7) of the CCAA, which excludes EFCs from the debtor’s powers of disclaimer, does not...
The Court of Appeal’s decision sets out a principled framework for considering leave applications in the context of the CCAA. Underlying the Court’s analysis is the purpose of the CCAA and the role of the supervising insolvency judge. The CCAA has an overall remedial objective to address and mitigate the potential catastrophic effects of insolvency...
Although the Court’s framework of analysis is not novel, this decision provides an important reminder to ground reviews of insolvency decisions on the objectives of the applicable insolvency statute. Due to the often-complex commercial considerations and stakeholder interests involved in insolvency matters, the supervising insolvency judge is confe...
Jun 3, 2024 · What's going on at Bellatrix Exploration (TSE:BXE)? Read today's BXE news from trusted media outlets at MarketBeat.
People also ask
What happened to Bellatrix exploration?
When did Bellatrix exploration close its sale transaction?
Who owns Bellatrix Exploration Ltd?
Will Bellatrix reach out globally for its next round?
Jun 21, 2007 · Bellatrix Exploration Ltd. Announces Production Results for the Second Quarter and Six Months Ended June 30, 2019; Provides Production Guidance for the Year 2019
