Commercial Landlords Active Stakeholders In CCAA Restructurings

A publicly listed REIT successfully restructured approximately $1 billion in defaulted debt through a CBCA plan of arrangement without filing for CCAA protection, demonstrating how corporate law mechanisms can serve as practical alternatives to formal insolvency proceedings. The Ontario Superior Court's decision in Re Ravelin Properties REIT also clarified that confidential restructuring negotiations do not necessarily trigger material change disclosure obligations for public companies.

Ontario bankruptcy and insolvency lawyer Andrew Johnstone explains how personal guarantees function in Ontario and why they play a significant role in commercial lending.

Receiverships and bankruptcy proceedings often share objectives, including preserving value, centralizing control and maximizing recoveries, but involve different decision-makers and different statutory frameworks.

Timothy Dunn of Blaneys recently secured a key win for equipment lessors navigating insolvency proceedings.

On April 17, 2025, the Supreme Court of Canada (SCC) released its decision, Piekut v Canada, 2025 SCC 13, in which the SCC declined to release the plaintiff from her student loan debt, finding that she sought relief too close to when she ceased being a student.

The Alberta Court of Appeal examines whether equity investors can initiate CCAA proceedings against foreign entities without Canadian assets, and whether such proceedings can encompass solvent companies.

In One Bloor West Toronto Group (The One) Inc. (Re), 2026 ONSC 1854 (“One Bloor West”) the Ontario Superior Court of Justice helpfully confirmed the jurisdictional basis for...

It is not uncommon for a business to experience financial hardship. If you can identify problems early, you can have a head start in rectifying them.

After what many have expected to be a temporary crisis, the pandemic has brought a fundamental shift in how business is conducted across all economic sectors in Canada.

Crowe MacKay's Licensed Insolvency Trustees are here to support you through times of financial stress. The insolvency team explains how they can help you navigate uncertain times and how their services translate to your wellbeing.