No Stay for Security: Alberta Court Affirms Regulator's Public Duty in AlphaBow

In the recent decision of AlphaBow Energy Ltd. (Re) (“AlphaBow”),[1] the Alberta Court of King’s Bench dismissed AlphaBow’s application to stay the Alberta Energy Regulator’s (“AER”) request for a security deposit for the duration of its restructuring proceedings.

Background

Filed under:
Canada, Alberta, Insolvency & Restructuring, Litigation, Fasken, Mediation, Supreme Court of Canada
Authors:
Jessica Cameron , Tiffany Bennett , Mariah Kozyra
Location:
Canada
Firm:
Fasken