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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

Canada, Alberta, Insolvency & Restructuring, Litigation, Fasken, Mediation, Supreme Court of Canada
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Canada, Insolvency & Restructuring, Litigation, Fasken, Ontario Superior Court of Justice