1,892 results found

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.

In Aventura, His Honour noted that the Purchaser opted to play "hard ball" and sought to manipulate the powers of the Trustee to its financial advantage.

The Tenant brought a motion under section 37 of the BIA to reverse the Trustee's decision to disclaim the Lease, which motion was allowed.

On November 20, 2021, long-awaited amendments to the Wage Earner Protection Program ("WEPP") came into force. The amendments are a welcome change to WEPP and will close some of the remaining gaps...

What happens when a party who has agreed to arbitrate its dispute goes bankrupt? If the arbitration process compromises the efficiency of the receivership process, the Court...

Contractual terms that prevent a party from participating in a class action may be unenforceable for unconscionability and public policy when they preclude access to justice...

For claims involving fraud and dishonesty, this bright line rule now creates an uneven playing field.

A plaintiff wins judgment, but the defendant (judgment debtor) refuses to pay or provide information necessary for the plaintiff (judgment creditor) to realize against the debtor's assets.

On October 28, 2020, the Ontario Court of Appeal released its decision in 7636156 Canada Inc. (Re), 2020 ONCA 681 ("OMERS"), on appeal from the decision...

It was estimated that over 17,000 affected creditors were owed cash and cryptocurrency cumulatively valued at approximately $290 million Canadian dollars as of the date of bankruptcy.

In the event that the operator is in financial difficulties, a financier can take a number of steps to protect its position.

Insolvency proceedings under the Companies' Creditors Arrangement Act (CCAA) are generally practical and solution-oriented. Creativity is rewarded and, if there is a conflict between insolvency law's practical focus...

In HEAL Global Holdings Corp (Re), Justice E.J. Sidnell declined to approve a proposed arrangement (Arrangement) because it was not fair or reasonable.

The recent decision of the Ontario Superior Court of Justice in the bankruptcy of 1231640 Ontario Inc. has highlighted the importance for secured creditors to maintain the perfection of their security in the event that the name of a debtor in receivership changes prior to the appointment of a trustee in bankruptcy.

The Stanfield Mining Group of Companies (collectively, "Stanfield") carried on a mining business in British Columbia that encountered financial difficulties and entered into CCAA proceedings.

In Recent Payless Decision Ontario Court Sides with Landlords and Refuses to Grant DIP Recognition Order, showing that Recognition of US DIP Orders under the CCAA is not Automatic.

Il n'y a pas si longtemps, Sears Canada était l'un des plus importants et des plus grands détaillants au Canada.

As discussed in our previous insight, Additional Changes to Alberta's Business Corporations Act Now in Effect, several changes to the Business Corporations Act...