Share on LinkedInShare on LinkedIn

ARTICLE · 14 JANUARY 2021

CCAA Court Decides Tenant Still "using" Leased Premises Despite COVID-19 Lockdowns

After a series of court cases in Quebec relating to the payment of rent in light of government-imposed restrictions resulting from the COVID-19 pandemic.

CanadaReal Estate and Construction

After a series of court cases in Quebec relating to the payment of rent in light of government-imposed restrictions resulting from the COVID-19 pandemic (COVID restrictions), the Superior Court of Québec rendered a decision of interest on January 5 in the context of the restructuring proceedings commenced by Groupe Dynamite Inc. and certain affiliates under the Companies' Creditors Arrangement Act (CCAA). 

Background 

Dynamite, a clothing retailer with over 300 stores in Canada and the US, is pursuing a plan of arrangement under the CCAA. Pursuant to the initial order governing the proceedings and the CCAA, Dynamite is generally required to make immediate payment for leased premises it is using during the restructuring process. 

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

About Norton Rose Fulbright Canada LLP

Norton Rose Fulbright is a global law firm. We provide the world's preeminent corporations and financial institutions with a full business law service. We have 3800 lawyers and other legal staff based in more than 50 cities across Europe, the United States, Canada, Latin America, Asia, Australia, Africa, the Middle East and Central Asia.

Recognized for our industry focus, we are strong across all the key industry sectors: financial institutions; energy; infrastructure, mining and commodities; transport; technology and innovation; and life sciences and healthcare.

Wherever we are, we operate in accordance with our global business principles of quality, unity and integrity. We aim to provide the highest possible standard of legal service in each of our offices and to maintain that level of quality at every point of contact.

For more information about Norton Rose Fulbright, see nortonrosefulbright.com/legal-notices.

Law around the world
nortonrosefulbright.com

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

See more popular content from