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In a trust claim, it has become commonplace to seek a request for a declaration that, if there is judgment for breach of trust, the judgment will survive the subsequent bankruptcy of the judgment debtor.

What happens to a license for seismic data when the licensee suffers a bankruptcy event? In Part 1, we looked at a case of bankruptcy of the IP owner.

In Walchuk Estate v. Houghton, the Ontario Court of Appeal dismissed a motion to quash an appeal on the basis that the lower court's adjournment of a contempt motion was a final order.

In Saskatchewan, summer marks the peak of construction season—six months of full-scale activity across roads, buildings, and infrastructure.

On May 12, 2015, Redwater Energy Corporation (Redwater), a junior oil and gas company active in Alberta, was put into receivership.

On October 3, a number of changes to Saskatchewan's Court of Appeal Rules (Civil) came into effect. The most significant change is that, in most cases, the service and filing of a Notice...

While the COVID-19 pandemic continues to heavily affect our economies, many businesses are encountering liquidity and solvency challenges with which they have little or no experience.

Garnishment is a legal process often initiated when individuals default on their financial obligations. Garnishment orders allow creditors to seize assets – typically a person's wages – from third parties.

Our Toronto, Calgary and New York offices represent FTI Consulting Canada Inc. in its capacity as court-appointed monitor in the context of the insolvency of Sears Canada under the CCAA.

Étant donné le défaut de la défenderesse, le créancier hypothécaire a obtenu un jugement de vente sous contrôle de justice.

Le failli aurait vendu deux immeubles comprenant des vices cachés (d'importantes fissures) et les demandeurs souhaitent soulever l'exception de l'article 178.(1)(e) voulant que le failli ne devrait

Morris Kaiser’s trustee in bankruptcy, Soberman Inc., thought it smelled a rat: while claiming to be impecunious, Kaiser appeared to be living a life of ‘some means’, which included trips to casinos in the US.

Where a supplier has failed to remit GST to the Crown, ETA subsection 222(3) extends a deemed trust over the unremitted GST in favour of the Crown to cover the supplier's property equal in value to the unremitted GST.

The Supreme Court of Canada (SCC) has dismissed the application of three Alberta municipalities seeking leave to appeal the decision of the Alberta Court of Appeal

Borden Ladner Gervais LLP (BLG) is proud to share news of some of its recent litigation successes on Bank of America’s behalf.

If you lend money to your company – take security!

In the latest TMA Chicago Midwest Podcast episode, I sat down with Sandy Prabhakar, Managing Director at Armory. As an investment banker, Sandy has more than 20 years of experience advising clients...

Indalex Limited's assets were sold in a liquidating proceeding under the federal Companies' Creditors Arrangement Act (the "CCAA").