Alberta · Receivership (court-appointed)
Order (Approval and Vesting_ Bearspaw Petroleum Ltd.) - 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 filing4 verified · 2 withheld
- closing termsVesting occurs upon delivery of the Receiver's Closing Certificate to the Purchaser, subject only to AER approval of transfer of applicable licenses, permits and approvals.
- presiding officerJustice K. M. Horner
- purchaserBearspaw Petroleum Ltd.
- sale outcometext: The Court approved the Transaction with Bearspaw Petroleum Ltd., authorized the Receiver to execute the Sale Agreement, and vests the Purchased Assets in the Purchaser (or its nominee) upon delivery of the Receiver's Closing Certificate. · scope: whole_business · status: approved
2 extracted values are 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.