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Court of Queen’s Bench of Alberta concurrently approves sales process and transaction proposed by stalking horse bidder

Introduction

On March 30, 2022, in the context of receivership proceedings of Balanced Energy Oilfield Services Inc., Balanced Energy Oilfield Services (USA) Inc. and Balanced Energy Holdings Inc. (collectively, the Debtors), the Court of Queen’s Bench of Alberta (the Court) issued an order, among other things

Canada, Alberta, Insolvency & Restructuring, Litigation, Osler Hoskin & Harcourt LLP
Court of Queen’s Bench of Alberta concurrently approves sales process and transaction proposed by stalking horse bidder

Introduction

On March 30, 2022, in the context of receivership proceedings of Balanced Energy Oilfield Services Inc., Balanced Energy Oilfield Services (USA) Inc. and Balanced Energy Holdings Inc. (collectively, the Debtors), the Court of Queen’s Bench of Alberta (the Court) issued an order, among other things

Canada, Alberta, Insolvency & Restructuring, Litigation, Osler Hoskin & Harcourt LLP