1,892 results found

The Superior Court recently authorized a class action in a case that could have a major impact on the way deficits in defined benefit pension plans are dealt with in the context of corporate reorganizations[1].

Alberta Energy has increasingly been targeting insolvent lessees and the historical gas cost allowances claimed by those insolvent companies.

Oil and gas companies are still scrambling to understand exactly how the Supreme Court of Canada's precedent-setting decision

The Alberta Court of King's Bench (the Court) has confirmed that the abandonment and reclamation obligations owed to the Orphan Well Association (OWA)...

On Aug. 27, 2018, the Perpetual parties filed statements of defence and applications for summary dismissal.

In two companion decisions - Alberta (Energy and Minerals) v Spartan Delta Corp, 2026 ABCA 214 (the Spartan Decision) and Alberta (Energy and Minerals) v Canadian Natural Resources Limited, 2026 ABCA 213 (the CNRL Decision) -  the Court clarified that co-lessees are subject to joint liability for Crown royalties, not joint and several liability, under Alberta's Mines and Minerals Act, RSA 2000, c M-17.

On April 19, 2016 the Alberta Court of Appeal released its decision in Re: Redwater Energy Corporation. Redwater was an oil and gas developer in Alberta.

We previously discussed the Court's decision in Yukon (Government of) v Yukon Zinc Corporation, 2020 YKSC 16, which opened the door to partial termination of agreements in a receivership...

In December, 2016, we reported on the decision in Hughes Re, 2016 ONSC 6832 (Hughes 1), in which the Registrar (the Registrar) of the Ontario Superior Court (the Court) interpreted certain provisions...

In Kasten Energy Inc. v. Shamrock Oil & Gas Ltd., 2013 ABQB 63, the Alberta Court of Queen’s Bench considered the application of Kasten Energy Inc. to appoint a receiver over all of the assets and undertakings of Shamrock Oil & Gas Ltd..

As a commercial mortgage lender you generally prefer the avoidance of enforcement. However, one must hope for the best and plan for the worst.

On October 30, 2024, the Court of King's Bench of Alberta (the "Court") released its decision in ATB Financial v. Mayfield Investments Ltd. Following a series of defaults under a forbearance agreement.

When a professional corporation operates with equipment owned personally by its director, how do secured creditors assert priority over proceeds from a receivership sale...

The fruits of a business owner's lifetime of hard work can vanish almost instantly with the insolvency of a company.

In the recent case of The Toronto-Dominion Bank (TD Canada Trust) v. His Majesty the King, 2026 FCA 25...

Bill C-971 including certain proposed amendments to the Bankruptcy and Insolvency Act (BIA) and the Companies' Creditors Arrangement Act (CCAA) received Royal Assent on June 21, 2019.

As a result of the unprecedented impact of the COVID-19 pandemic and its containment measures on the Canadian economy and the lives of Canadian citizens, the legislatures and courts have granted wide-ranging relief...