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The Manitok Energy Decision: Builders' Lien Priority Rights Could Be Lost When Lands Are Subject to AER Abandonment Liability | Stikeman Elliott LLP - Vimarsana News

The Manitok Energy Decision: Builders' Lien Priority Rights Could Be Lost When Lands Are Subject to AER Abandonment Liability | Stikeman Elliott LLP

A recent appellate decision from Alberta, Manitok Energy Inc. (Re), marks another chapter in the developing caselaw surrounding environmental obligations in insolvency proceedings. In...

Alberta Court Of Appeal Confirms Environmental Liabilities Must Be Addressed In Priority To Builder Lien Claims - Energy and Natural Resources - Vimarsana News

Alberta Court Of Appeal Confirms Environmental Liabilities Must Be Addressed In Priority To Builder Lien Claims - Energy and Natural Resources

The court-appointed receiver of Manitok had entered into an asset purchase agreement to sell certain of Manitok's assets.

Source: mondaq.com
Alberta Court of Appeal Confirms Environmental Liabilities Must be Addressed in Priority to Builder | Bennett Jones LLP - Vimarsana News

Alberta Court of Appeal Confirms Environmental Liabilities Must be Addressed in Priority to Builder | Bennett Jones LLP

On March 30, 2022, the Alberta Court of Appeal issued its much anticipated decision in Manitok Energy Inc (Re), 2022 ABCA 117 [Manitok ABCA] which considered whether, as a result of the...