Redwater Energy Corp.
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Bankrupt energy companies can’t abandon old oil wells, Supreme Court rulesThe Supreme Court of Canada says the trustee for a bankrupt Alberta energy company cannot simply walk away from unprofitable wells on agricultural land without having to clean up.CanadaJan 31, 2019
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Alberta Court of Appeal upholds Redwater Energy decisionA court decision that gave secured creditors priority over environmental cleanup in the case of bankrupt Redwater Energy Corp. has been upheld by the Alberta Court of Appeal.MoneyApr 25, 2017
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Alberta Energy Regulator to appeal ruling on oil and gas cleanup obligationsThe Alberta Energy Regulator says it will appeal a court ruling that would allow oil and gas companies to avoid cleanup costs if they enter bankruptcy protection.EnvironmentMay 27, 2016
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