Implications of the Redwater decision – Where does the buck stop?

Introduction On May 17, 2016, the Alberta Court of Queen’s Bench released its eagerly awaited decision in Redwater Energy Corporation (Re), 2016 ABQB 278 regarding the intersection between the provincial oil and gas regulations and the federal bankruptcy and insolvency regime. At issue was whether the provincial regulatory regime under the Oil and Gas Conservation Act [1] (OGCA) and the Pipeline Act [2] (PA) operationally conflicted with the Bankruptcy and Insolvency Act [3] (BIA) or frustrated its purposes. Read more.