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On June 18, 2020, the Ontario Superior Court of Justice (the "Court") released an endorsement in Cerberus Business Financial, LLC v. B & W Heat Treating Canada, ULC,...

In New Skeena Forest Products Inc. v. Kitawanga Lumber Co. (2007) B.C.S.C. 808 the issue before the Court was whether the supplier of a taxable supply had a trust claim to the related input tax credits provided by the CRA to the bankrupt.

A recent decision established that Canada Revenue Agency ("CRA") should not withhold the renewal of an excise licence issued under the Excise Act, 2001 ("Excise Act")...

On July 27, 2020, the Federal Department of Justice enacted the Time Limits and Other Periods Act (COVID-19) to temporarily suspend or extend certain time limits for civil legal proceedings...

With the spread of the COVID-19 virus and the various state of emergency declarations made by provincial governments and cities across Western Canada, there is likely to be disruption to many...

Canada's legal system is based on English common law, applied in nine provinces and three territories; and French civil law ...

Aird & Berlis is pleased to present the September 2018 edition of Doing Business in Canada. This publication was developed to provide a general overview of Canadian federal and Ontario law, and is intended for those planning to start, acquire or invest in a business in Canada.

A previous blog already addressed shot-gun clauses and two alternative provisions permitting shareholders to force a share transfer that will prove useful when a business relationship deteriorates.

Although a growing body of evidence—from job numbers to stock price figures—suggests that the Canadian economy is set for strong growth this year, there will always be companies...

The casualties of the current market turbulence will bring about a next wave of mergers and acquisitions opportunities in the form of distressed M&A.

In Aquino v. Bondfield Construction Co. 2024 SCC 31, the Supreme Court of Canada provided clarity about when fraud by a corporation's directing mind can be attributed to the corporation.

As insolvency practitioners know well, there is a decades-long ongoing contest in insolvency proceedings consisting of repeated iterations of the same fundamental skirmish...

An insolvent entity will often have one or more businesses that, once separated from the insolvent organization or cleansed of their existing liabilities, is quite attractive acquisition targets.

Essentially, an RVO allows for the transfer of liabilities/unwanted assets out of the debtor companies, rather than transferring the assets out of the toxic debtor into a newly formed entity.

On April 27, 2023, the federal government passed legislation to improve protections for members of defined benefit pension plans.

This article considers potential implications of the Alberta Energy Regulator's (AER) recent decision to reject joint applications by Shell Canada Limited (Shell) ...

In 2018, Manitok was assigned into bankruptcy and a receiver was appointed to manage its assets

In a recent decision, 2023 ABKB 109, Justice D. B. Nixon of the Alberta Court of King's Bench applied the tenets of Canadian environmental law, reiterating that a polluter cannot walk away...