Alberta · Receivership (court-appointed)
Filed Approval and Vesting order - Nov 7,2025
Approval and vesting order · 3 November 2025
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing5 verified
- closing termsVesting occurs on delivery of the Receiver's Closing Certificate to the Purchaser (or its nominee), confirming payment of the Purchase Price, satisfaction or waiver of the Article 11 closing conditions, and completion of the Transaction to the Receiver's satisfaction.
- order date3 November 2025
- presiding officerJustice J.T. Neilson
- purchaserTidewater Midstream and Infrastructure Ltd.
- sale outcometext: Court approved the sale of the Debtor's Assets (facilities and pipelines) to Tidewater Midstream and Infrastructure Ltd. under an asset purchase and sale agreement dated October 27, 2025, with vesting on delivery of the Receiver's Closing Certificate. · scope: whole_business · status: approved