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In a decision released in May, the Ontario Court of Appeal confirmed that courts may recognize foreign orders in foreign arrangement proceedings based on the principles of private international law and effectively endorsed the principles followed by the Commercial List on section 18.6 cross-border CCAA applications.

On November 25, federal legislation was passed that, when proclaimed into force, will make significant amendments to the Bankruptcy and Insolvency Act (BIA) and the Companies’ Creditors Arrangement Act (CCAA), and create a new Wage Earner Protection Program Act.

This is the first in a series of articles examining the Transfer at Undervalue provisions set out in section 96 of the Bankruptcy and Insolvency Act (which I'll refer to in these articles as the "BIA").

In Gacias v. Equifax Canada Co., the Alberta Court of Queen's Bench summarily dismissed a claim against Equifax Canada, a credit reporting agency, ...

In January 2020, Madam Justice B.E. Romaine of the Court of Queen's Bench of Alberta ruled that an administrative penalty levied against the Respondent by the Alberta Securities Commission survived his discharge from bankruptcy.

The ongoing priority dispute between deemed trusts created under federal "fiscal statutes" (being the Income Tax Act, the Canada Pension Plan Act

The construction industry has one of the highest rates of bankruptcies and insolvencies of any industry in Canada.

On December 9, 2009, the Ontario Government introduced Bill 236, an Act to amend the "Pension Benefits Act" ("PBA"), introducing significant changes for the first time in over 20 years.

In the matter of Aquadis, the Quebec Court of Appeal recently rendered a decision on the power of a judge supervising restructuring proceedings under the Companies' Creditors Arrangement Act...

On November 25, 2010, the Supreme Court of Canada granted leave to appeal in "Her Majesty the Queen in Right of the Province of Newfoundland and Labrador v. Abitibibowater Inc., et al."

Commercial insolvency can affect stakeholders located in multiple jurisdictions and possessing diverse legal rights.

La récente hausse de dépôts de déclarations de faillite et d'insolvabilité au Canada et aux États-Unis ne pourrait bien être que la pointe de l'iceberg étant donné les incertitudes croissantes sur le plan économique.

The Supreme Court of Canada decision in Century Services Inc. v. Canada (Attorney General), which arose from the restructuring proceedings of Ted LeRoy Trucking Ltd. and was released on December 6, 2010, is a landmark decision in Canadian insolvency law.

The Supreme Court of Canada decision in Century Services Inc. v. Canada (Attorney General), which arose from the restructuring proceedings of Ted LeRoy Trucking Ltd. and was released on December 6, 2010, is a landmark decision in Canadian insolvency law.

A Manitoba Court recently offered guidance on how to approach an appeal from a notice of disallowance or determination of a claim under section 135(4)

Canadian businesses are facing the largest economic disruption of our times from the outbreak of the novel coronavirus and the public health measures required to contain it.

This CCAA proceeding began when a related group of companies applied for relief from their creditors.