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Twin Butte Energy Ltd TBTEF

Twin Butte Energy Ltd is an oil and natural gas exploration, development and production company with properties located in Western Canada. The firm's operational assets have been sold to West Lake Energy Corp.


GREY:TBTEF - Post by User

Bullboard Posts
Post by kasparovismeon Apr 25, 2017 6:59pm
190 Views
Post# 26165479

BJ pukes out a 114 bench brief for thursday

BJ pukes out a 114 bench brief for thursdayBJ just sent out a 114 page bench brief for judge on Thursday. Fact relying on mainly " heresay" affidavit of Maguire. Mostly precedence in support of pari passu and interest stop rulings.

Basically all all debts are to be equal. Interest on debs stops on BIA filing date.  Post filing date 5% interest could be applied equally to all remaining creditors which would washout in the pro rated payout. 

nothing i I could see which would support FA fees for Macquarie. Just  slim chance for  legal fees post filing to be shared.

Debs reminder  to send your comments to receiver by tomorrow.
I say NO to macquire FA fees...!!!!
I Say share  post filing legal fees for BJ as I support pari passu arguement and it nice to know I'm expected to pay BEFORE  they appear in court. 
Bullboard Posts