Alberta · CCAA
10. Tenth Report of the Monitor
Court officer report · 16 March 2010
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What we verified from this filing3 verified
- process resultsbids: 6 · lois: 5 · ndas: 19 · note: 37 parties contacted; 19 executed confidentiality agreements; 6 non-binding indicative offers by Sept 14, 2009 (one more on Sept 15); 5 LOIs by extended deadline · as of: 2009-09-14 · solicited: 37
- purchaserprice: note: Superior Bid accepted by BA Energy; purchase and sale agreement executed and attached to the Confidential Tenth Report, not disclosed in this report · sealed: true · scope: the Stonefell Terminal · status: approved · name note: purchaser under the Superior Bid, unnamed in this report · structure: assets · name source: recital · relationship: unstated; price: note: Late Bid was of greater value than the Superior Bid but rejected as untimely; Monitor recommended proceeding with Superior Bid · sealed: true · scope: the Stonefell Terminal · status: not_completed · name note: Unsuccessful Bidder who submitted the Late Bid · structure: assets · name source: recital · relationship: unstated
- sale outcometext: Monitor recommends approval of the Superior Bid as the outcome of the Solicitation Process, notwithstanding a later, higher but untimely Late Bid · scope: parcel · status: bid_selected