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To print this article, all you need is to be registered or login on Mondaq.com. On October 8, Greenfire Oil and Gas Ltd. and Greenfire Hangingstone Operating Corporation (collectively, Greenfire) each filed a Notice of Intention to Make a Proposal pursuant to section 50.4(1) of the Bankruptcy and Insolvency Act (Canada), RSC 1985, c B-3, as may be amended from time to time (the BIA) (such proceedings, referred to herein as the NOI Proceedings) and Alvarez & Marsal Canada Inc. was appointed as Proposal Trustee (the Proposal Trustee) of Greenfire. Greenfire is focused on oilsands development and production and their primary asset is a ....