Alberta · NOI
Application by Taber Water to approve Asset Purchase Agreement
Application / notice of application · 15 October 2024
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 filing7 verified · 1 withheld
- courtCOURT OF KING'S BENCH OF ALBERTA
- court file no25-3060090
- applicantTaber Water Disposal Inc.
- appointeeGrant Thornton Limited
- appointee roleProposal Trustee
- secured creditorsnote: Court-ordered charge securing fees and costs; not a balance owing · page: 3 · as of: April 22, 2024 order · debtor: Taber Water Disposal Inc. and Enerstar Petroleum Corp. · creditor: Proposal Trustee (Grant Thornton Limited), its independent legal counsel, and legal counsel to the Companies · currency: CAD · security: Administration charge not to exceed $500,000
- secured creditorsnote: Interim financing/DIP-type charge granted by court order; Purchaser in the Transaction is the same Luxur Resources Inc., a related/interested party · page: 4 · as of: May 2, 2024 order (as increased June 7, 2024) · debtor: Taber Water Disposal Inc. and Enerstar Petroleum Corp. · creditor: Luxur Resources Inc. (Interim Lender) · currency: CAD · security: Interim Lender's Charge - second priority charge against the Companies' property, in the amount of $500,000 (increased from $400,000); Companies authorized to borrow up to $400,000 (increased from $300,000) from Interim Lender
1 extracted value is withheld: either a trap-shaped field where models produce confident wrong numbers, or an identity value whose quotation could not be found in the document. Withheld values are shown to no one.