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Pallett Valo LLP
In a recent decision, the Ontario Court of Appeal held that the sale proceeds of a property held in trust can be applied to a beneficiary's bankruptcy obligations.
Gowling WLG
Originally part of a 26 jurisdiction Country Comparative Guide by The Legal 500, this Q&A chapter on Restructuring & Insolvency in Canada has been republished with permission.
Osler, Hoskin & Harcourt LLP
On May 31, 2022, amendments to Alberta's Business Corporations Act (the ABCA) (formerly Bill 84) were proclaimed into force.
Miller Thomson LLP
La question en litige requiert de déterminer si malgré un plan d'arrangement sous la Loi sur les arrangements financiers avec les créanciers des compagnies (LCAA), les créanciers peuvent tout...
Stikeman Elliott LLP
Ongoing work on the plan to create a new single SRO consolidating the functions of the existing SROs, which we previously wrote about.
Bennett Jones LLP
In May 2022, the Canada Business Corporations Act (CBCA) was used to implement a cross-border and international restructuring of a group of companies (collectively known as Stoneway)...
Blake, Cassels & Graydon LLP
In 2021, several significant judicial decisions were rendered across Canada relevant to commercial lenders, businesses and restructuring professionals.
Fogler, Rubinoff LLP
As a result of COVID-19 the business environment is and will be increasingly challenging for many businesses in Canada.
Field LLP
The Supreme Court of Canada's Redwater decision concluded that provincial end-of-life abandonment and reclamation obligations, which are not claims provable in bankruptcy...
WeirFoulds LLP
We were approached by a company to assist with its restructuring. Our client's biggest problem was that its largest unsecured creditor was also its main supplier.
Gowling WLG
In Canada, parties are subject to laws and regulations that limit the amount of interest that can be charged by lenders.
Miller Thomson LLP
Dans le cadre de la saga judiciaire de Resort Investors International (ci-après, « Resort »), les requérants demandent l'autorisation de poursuivre le syndic intimé sous l'article 215 Loi sur la faillite et l'insolvabilité (« L.F.I. ») dans le cadre d'une demande en dommages et intérêts.
Davies Ward Phillips & Vineberg
Two years into the pandemic, policymakers struggle to strike a balance between mitigating the ongoing human costs of the crisis and exacerbating the financial strain caused by economic support measures.
Borden Ladner Gervais LLP
The recent decision in Ernst & Young Inc. v. Aquino, the Ontario Court of Appeal (OCA) analyzed the criteria for establishing voidable transfers at undervalue under section 96...
Osler, Hoskin & Harcourt LLP
On March 30, 2022, in the context of receivership proceedings of Balanced Energy Oilfield Services Inc., Balanced Energy Oilfield Services (USA) Inc. and Balanced Energy Holdings Inc. (collectively, the Debtors)...
Fasken (French)
Ce bulletin s'adresse à tous les intervenants du domaine de l'insolvabilité au Canada.
Bennett Jones LLP
On March 25, 2022, the Alberta Court of Appeal issued its decision in PricewaterhouseCoopers Inc v Perpetual Energy Inc, 2022 ABCA 111.
Field LLP
It is no secret that many companies in Alberta are in financial distress due to COVID-19. While lenders have generally cooperated during this period, business owners are now...
McCarthy Tétrault LLP
In Port Capital Development (EV) Inc. (Re), the British Columbia Supreme Court recently declined to provide further comfort to a debtor-in-possession (DIP) lender in CCAA proceedings by ...
Torys LLP
In the recently released decision of Ernst & Young Inc. v. Aquino1, the Ontario Court of Appeal upheld a decision of the Ontario Superior Court's Commercial List that...
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