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  • Article

    Hope Isn't A Strategy: Why Insolvent Companies Must Think Beyond One Creditor

    In a recent decision, the Ontario Court of Appeal clarified how payments made shortly before a company's bankruptcy are to be treated under Canadian bankruptcy law, particularly when one creditor appears to be favoured over others.
    CanadaInsolvency/Bankruptcy/Re-Structuring
    Pallett Valo LLP
    Pallett Valo LLP
  • Article

    How A Licensed Insolvency Trustee Can Help

    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.
    CanadaInsolvency/Bankruptcy/Re-Structuring
    Crowe
    Crowe
Article

How To Avoid Bankruptcy

It is difficult to sustain a business operation and at the same time deal with demands from your banker, suppliers, services providers, or CRA’s requirement to pay and garnish bank accounts.
CanadaInsolvency/Bankruptcy/Re-Structuring
Crowe Soberman LLP
Crowe Soberman LLP
  • Article

    Insolvency Legislation Reforms To Take Effect November 2019

    On November 1, 2019, a number of amendments to the Bankruptcy and Insolvency Act (the "BIA") and the Companies' Creditors Arrangement Act (the "CCAA") will come into force pursuant to the
    CanadaInsolvency/Bankruptcy/Re-Structuring
    Aird & Berlis LLP
    Aird & Berlis LLP
  • Article

    Insolvency v. Environmental Legislation - Still A Lot Of Clean Up To Do

    The Supreme Court of Canada (the "SCC") released its decision in Newfoundland and Labrador v. AbitibiBowater Inc.
    CanadaInsolvency/Bankruptcy/Re-Structuring
    Davies Ward Phillips & Vineberg LLP
    Davies Ward Phillips & Vineberg LLP
  • Article

    Insolvency Watch: Arctic Glacier Obtains Court Protection To Conduct Search For New Investors

    Arctic Glacier Income Fund (CSNX:AG.UN) (the "Fund") has obtained creditor protection from the Manitoba Court of Queen's Bench to allow its subsidiaries to continue normal operations as the Fund seeks new investors.
    CanadaInsolvency/Bankruptcy/Re-Structuring
    Cassels
    Cassels
  • Article

    La Cession D’une Créance Contre Les Débiteurs Faillis Est Jugée Opposable Aux Créanciers Ordinaires Même Si Elle A Été Publiée Après La Date De La Faillite

    Les demandeurs prétendent que la cession de créance intervenue entre le défendeur Radius et Deutsche Bank AG ne peut pas leur être opposable.
    CanadaInsolvency/Bankruptcy/Re-Structuring
    Miller Thomson
    Miller Thomson
  • Article

    Newly Released J&J Bankruptcy Plan For Compensating Talcum Powder Cancer Claims Includes Canadian Claims

    A Johnson & Johnson subsidiary that is pursuing a US bankruptcy to resolve thousands of talcum powder lawsuits has filed its plan for compensating cancer victims with pending claims...
    CanadaInsolvency/Bankruptcy/Re-Structuring
    Siskinds LLP
    Siskinds LLP
  • Article

    Post Up: Creditor Ordered To Deposit Security For Costs In British Columbia Bankruptcy Proceeding

    The tension between a trustee seeking to facilitate a proposal for the benefit of all creditors and a single creditor being forced to release its rights for the "greater good" was front and center in a recent case before the Supreme Court of British Columbia.
    CanadaInsolvency/Bankruptcy/Re-Structuring
    McMillan LLP
    McMillan LLP
  • Article

    Practical Takeaways From The 2026 Annual Review Of Insolvency Law Conference

    The 2026 Annual Review of Insolvency Law Conference (ARIL) brought together judges, practitioners, and academics to discuss developments in restructurings, bankruptcies, and receiverships.
    CanadaInsolvency/Bankruptcy/Re-Structuring
    Lenczner Slaght
    Lenczner Slaght
  • Article

    Priority Of Claims In A Bankruptcy: Does A Deemed Trust Under The Pension Benefits Standards Act, 1985 Rank In Priority To A Secured Creditor?

    Northern Transportation Company Limited was a marine shipping and transportation company.
    CanadaInsolvency/Bankruptcy/Re-Structuring
    Borden Ladner Gervais LLP
    Borden Ladner Gervais LLP
  • Article

    Priority Of Lien Claims In A Post-Redwater World

    The Supreme Court of Canada's Redwater decision concluded that provincial end-of-life abandonment and reclamation obligations, which are not claims provable in bankruptcy...
    CanadaInsolvency/Bankruptcy/Re-Structuring
    Field Law
    Field Law
  • Article

    Proposals Not Just For Marriage

    Most people are familiar with the concept of bankruptcy.
    CanadaInsolvency/Bankruptcy/Re-Structuring
    Crowe Soberman LLP
    Crowe Soberman LLP
  • Article

    Secured Creditors Beware: Crown GST/HST Garnishment May Trump Your Security Interest In An Account Receivable

    In the recent decision of the Supreme Court of Canada in Toronto-Dominion Bank and Her Majesty the Queen (2012 SCC 1), the Supreme Court succinctly agreed with the reasons of Justice No. l of the Federal Court of Appeal.
    CanadaInsolvency/Bankruptcy/Re-Structuring
    Borden Ladner Gervais LLP
    Borden Ladner Gervais LLP
  • Article

    Supplier Protections In Insolvency — New Deemed Trust For Suppliers Of Perishable Fruits And Vegetables

    Insolvency can be particularly jarring for suppliers who have faithfully delivered inventory or other goods to the company (usually on credit) and suddenly find themselves
    CanadaInsolvency/Bankruptcy/Re-Structuring
    Fillmore Riley
    Fillmore Riley
  • Article

    Supreme Court Of Canada: "Pre-Post Set-Off Rights Can And Should Be Stayed By An Initial Order"

    In 2017, the Quebec Court of Appeal had issued a decision in the matter of Arrangement relatif à Métaux Kitco inc., 2017 QCCA 268 ("Kitco") to the effect that the Companies' Creditors Arrangement Act (the "CCAA")...
    CanadaInsolvency/Bankruptcy/Re-Structuring
    Gowling WLG
    Gowling WLG
  • Article

    The Calm Before The Insolvency Storm?

    Retail trade and accommodation and food services were sectors anticipated by many to face the most short-term hardship due to the pandemic.
    CanadaInsolvency/Bankruptcy/Re-Structuring
    Torys
    Torys
  • Article

    The Queen v. Callidus Capital Corporation Overturned; Lenders Breathe A Sigh Of Relief, But For How Long?

    We previously wrote about the decision in The Queen v. Callidus Capital Corporation of the Federal Court of Appeal in our Restructuring and Tax Bulletin.
    CanadaInsolvency/Bankruptcy/Re-Structuring
    McMillan LLP
    McMillan LLP
  • Article

    The Taxman Cometh: CRA Priorities In Insolvency Proceedings

    Courts and lawmakers often refer to Canada Revenue Agency as an involuntary creditor when businesses fail to make required tax payments to the governmental authority.
    CanadaInsolvency/Bankruptcy/Re-Structuring
    Cox & Palmer
    Cox & Palmer
  • Article

    Tips From Toronto's Business Court – Takeaways From CLUC Education Day 2023

    The Commercial List Users' Committee (CLUC) held its annual Education Day on June 7. The annual event offers an opportunity for members of the bar to gather with the Judges of the Commercial List...
    CanadaInsolvency/Bankruptcy/Re-Structuring
    Lenczner Slaght
    Lenczner Slaght
  • Showing 501–520 of 1892 results

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