Our Calgary Office is Open!
Our new Calgary location is open. SINCLAIR RANGE 30th Floor, Suite 3000 421 – 7th Avenue SW Calgary, Alberta T2P 4K9 587-390-8628
Sentencing Imposed in Recent Major Canadian Commercial Frauds
Fraud is increasingly a driver of corporate financial distress and, therefore, a part of our practice. Inside is a chart showing the sentencing range imposed in recent major Canadian commercial fraud cases.
The Permian Basin Attracting Private Equity – But is the Party Over?
The Permian Basin was producing under 1.5 million barrels per day in 2013 and is now expected to reach 2.5 million bpd in 2017. Private equity investment in the region has also grown, with roughly $28 billion in PE deals announced in 2016 alone.
Alberta Fracking Picking Up
Fracking and related service companies are getting busier in Alberta as the oil and gas industry in general appears to be responding to improved energy prices. But, be cautious. This is just the beginning of the rebound and it may be a long, slow recovery to industry wide sustainable profits.
Royalty Interests In Resource Properties May Not Survive Restructuring
Royalty holders that believe their resource royalties are an interest in the land and are therefore an obligation of a new owner of the property when acquired through an insolvency proceeding, may find in reality that their interest can be subordinated or eliminated all together.