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ARTICLE · 19 JULY 2007

Pension Jurisdiction Found To Exist Notwithstanding CCAA

In British Columbia (Superintendent of Pensions) v Western Forest Products Inc ((2006) Carswell BC 1536 (BCSC)) the superintendent of pensions applied to the court for an order compelling the debtor to comply with the reporting provisions of the provincial pensions legislation.

CanadaEmployment and HR
David Mann
David Mann
David LeGeyt
David LeGeyt
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In British Columbia (Superintendent of Pensions) v Western Forest Products Inc ((2006) Carswell BC 1536 (BCSC)) the superintendent of pensions applied to the court for an order compelling the debtor to comply with the reporting provisions of the provincial pensions legislation. The debtor took the position that because certain orders were made pursuant to the Companies' Creditors Arrangements Act (CCAA), which fixed the way the pension was to be dealt with, the CCAA order left the superintendent with no authority.

Facts

The debtor entered into a transaction with PASC Inc while the debtor was under CCAA protection. This transaction contemplated the sale of part of the debtor's business, including employees and their pension entitlements, to PASC. The transaction was presented to the court for approval in the debtor's CCAA proceedings and was approved with the proviso that if PASC failed to complete the transaction, any claims of employees against the debtor (or its related group of

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