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The recent Court of Appeal decision in Conifer Energy Inc v Razor Energy Corp., 2025 ABCA 14, has brought to light important issues surrounding contractual obligations, insolvency law, and the operational complexities...

A recent decision from the B.C. Court of Appeal found that plans of arrangement or compromise aren't prerequisites to refinancing a development.

In a previous article, we discussed the Ontario Court of Appeal's decision in Business Development Bank of Canada v. Astoria Organic Matters Ltd., 2019 ONCA 269

In Canada's evolving cannabis industry, entering a restructuring process such as under the Companies' Creditors Arrangement Act (the "CCAA") is no longer seen as a failure...

On December 16, 2010, the Supreme Court of Canada (SCC) released its decision in "Re Ted Leroy Trucking Ltd." In its decision, the SCC affirmed the importance of the "Companies’ Creditors Arrangement Act" (CCAA) as a flexible restructuring tool, and clarified the source and limits of the Court’s authority during CCAA proceedings.

In October 2012, The Futura Loyalty Group Inc. commenced proceedings under the Companies’ Creditors Arrangement Act.

In the recent decision of Invico Diversified Income Limited Partnership v NewGrange Energy Inc, 2024 ABKB 214 ("NewGrange"), the Alberta Court of King's Bench...

Most insolvency practitioners will likely agree that in the context of receivership or bankruptcy proceedings, the issue of priorities of the interests of various creditors and stakeholders is not one that is always easily resolved.

Most insolvency practitioners will likely agree that in the context of receivership or bankruptcy proceedings, the issue of priorities of the interests of various creditors and stakeholders is not one that is always easily resolved.

The Court of Appeal recently rendered a judgment regarding financing through mining royalties in the context of a bankruptcy.

Parties may need to proceed cautiously in enforcing contractual rights and remedies in circumstances where there is a risk of the counterparty subsequently becoming insolvent.

The Alberta Energy Regulator's Statutory Power is Not in Conflict With the Bankruptcy and Insolvency Act

A discussion on the Supreme Court recent judgment in the a case of interest to Canadian businesses and professions.

A US Bankruptcy Court's recent decision provides important insights for Canadian debtor companies that are involved in cross-border restructurings...

In the midst of the ongoing restructurings of Nortel and AbitibiBowater, New Democrat Member of Parliament John Rafferty (Thunder Bay – Rainy River) introduced a bill to amend the Bankruptcy and Insolvency Act (the "BIA") and the Companies’ Creditors Arrangement Act (the "CCAA") with the goal of better protecting employees’ interests in the context of formal insolvency proceedings.

On March 25, 2010, Toronto Senator Art Eggleton tabled Bill S-216 which, if proclaimed in force, would amend the Bankruptcy and Insolvency Act (the "BIA") and the Companies’ Creditors Arrangement Act (the "CCAA") to protect employees on long-term disability ("LTD") by granting super priority status to long term disability benefits and health related benefits that are to be paid to disability plan beneficiaries in the context of insolvency proceedings.

Every so often, a debtor is faced with the inevitable, but holds on to any defence available, no matter how untenable it might be.

Lenczner Slaght continues its dominance in Canadian litigation, earning top rankings and prestigious awards while welcoming new talent. The firm's Commercial List Year in Review offers comprehensive data analysis spanning five years...