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In such turbulent times, financial institutions and their customers or borrowers may be facing significant challenges and stresses.

On August 11, 2022, global pharmaceutical and consumer products giant Johnson & Johnson ("J&J") announced that it would stop all sales of its talc-based baby powder products in 2023.

Au moment de sa faillite, le requérant possédait un cinquième indivis d’un terrain.

Section 546(e) securities safe harbor provision protects shareholder settlement payments in LBO transactions from constructive fraudulent conveyance attack by individual or collective creditors.

Financial challenges can cast a shadow over your life, but there are solutions to help you find your way back into the sunlight. In Canada, two common options for individuals grappling with unmanageable...

On February 29, 2016, the Ontario Superior Court of Justice released a decision in the ongoing insolvency proceeding of U. S. Steel Canada Inc. Two principal issues were addressed by the Court.

Appeals under the Bankruptcy and Insolvency Act (BIA) generally result in an automatic stay of the order under appeal—a potentially costly and disruptive outcome.

On May 13, 2021, Justice Koehnen of the Ontario Superior Court of Justice (Commercial List) (the Court) released a decision in the receivership proceeding of Mill Street & Co, Inc. (Mill Street)...

A recent article in the Law Times provides a timely update to the Canadian bar on the demonstrable benefits of litigation funding.

On November 14, 2018, the Supreme Court of Canada delivered its reasons for reversing the Federal Court of Appeal's decision in Callidus Capital Corporation v Her Majesty the Queen, 2018 SCC 47.

Reverse vesting orders (RVOs) have become a mainstay in Canadian insolvency practice, especially in complex restructurings where buyers seek to acquire a company's valuable...

Earlier this fall, the Supreme Court of Canada ("SCC") released its decision in Chandos Construction Ltd. v. Deloitte Restructuring Inc. ("Chandos") .

A taxpayer can still be held liable for a tax debt thought to have been erased by bankruptcy. This was the decision of the Federal Court of Appeal in Canada v. Heavyside, 1996 CanLII 3932 (FCA)...

In Callidus Capital Corporation v. Her Majesty the Queen, the Supreme Court of Canada overturned a troubling 2017 decision of the Federal Court of Appeal.

One of the few certainties coming out of the COVID-19 pandemic is that the economic impact will be felt for a long time to come. Not just weeks and months, but likely years.

The case of Canrock Ventures LLC v. Ambercore Software Inc. et al is a cautionary tale for a Receiver and its counsel alike.

One of the most oft heard "defence" from a purveyor of counterfeit goods, when faced with the prospect of a significant damages award, is "I'll just go bankrupt".