Alberta · Receivership (court-appointed)
Order (Approval and Vesting_ Vantage Point Resources Inc.) - Filed June 30, 2020
Approval and vesting order · 30 June 2020
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 filing6 verified
- closing termsVesting is effective upon delivery of the Receiver's Closing Certificate, subject only to AER approval of transfer of licenses, permits and approvals.
- order date29 June 2020
- presiding officerJustice K. M. Horner
- purchaserVantage Point Resources Inc.
- sale outcometext: The Court approved the Transaction with Vantage Point Resources Inc. and authorized the Receiver to execute the Sale Agreement; vesting occurs on delivery of the Receiver's Closing Certificate. · scope: whole_business · status: approved
- sealed itemsA confidential, unredacted version of the Sale Agreement is appended to the Confidential Supplement to the Fourth Report; a redacted version is appended to the Fourth Report.