CCAA vesting orders and Crown royalty arrears: Alberta Court of Appeal confirms finality

Andrew Pozzobon, Logan Hale and Joseph Braun of BLG examine the Alberta Court of Appeal’s decision in Alberta (Energy and Minerals) v Spartan Delta Corp, which confirms that CCAA vesting orders can bar Crown claims for both pre-filing and post-filing royalty arrears where co-lessee liability is joint rather than joint and several, reinforcing the finality of the CCAA process and the need for affected stakeholders to assert claims before proceedings conclude.

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