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On September 14 at a gala dinner held in his honour, Singleton Urquhart Reynolds Vogel Co-Managing Partner, Bruce Reynolds, received the 2023 Ontario Bar Association Construction & Infrastructure...

The Alberta Court of Appeal released its much anticipated decision addressing the interaction between the trust provisions of the Builders' Lien Act and the Bankruptcy and Insolvency Act in Iona Contractors Ltd. v Guarantee Company of North America, 2015 ABCA 240 on July 16, 2015.

The Companies’ Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended ("CCAA") permits a court having jurisdiction over proceedings for the restructuring of an insolvent company to make certain orders, to secure payment of the fees of certain officials involved in those proceedings, including the Monitor of the insolvent company appointed for the restructuring proceeding.

Canada's new Financial Protection for Fresh Fruit and Vegetable Farmers Act creates a deemed trust that prioritizes unpaid produce suppliers over secured lenders in bankruptcy and insolvency proceedings. How will this legislative change reshape lending practices and collateral valuations in the agricultural sector, and what steps should secured creditors take to protect their interests?

The Alberta Court of Appeal released its decision in Manitok Energy Inc (Re), in which the Court clarified how the principles in Redwater ought to be applied to insolvent oil and gas producers.

Federal Bankruptcy laws prevail to the extent of a conflict with otherwise valid provincial law. Receivers may renounce uneconomic assets.

•The Court of Queen's Bench held that the Municipal Government Act, RSA 2000, c M-26 (MGA), which grants municipalities the power to levy linear property taxes in Alberta, may provide a special lien for tax arrears for taxes relating to a parcel of land.

Cinram International Income Fund has sought and obtained protection under the "Companies' Creditors Arrangement Act" (CCAA).

Un avis de cotisation de l’Agence du revenu du Canada constitue une mesure de recouvrement prouvable au sens de l’article 69.3 de la Loi sur la faillite et l’insolvabilité.

In the recent case of Peace River Hydro Partners v. Petrowest Corp., 2022 SCC 41 (Peace River), the Supreme Court of Canada (the SCC) clarified the circumstances...

The technology explosion, the dot-com boom and its subsequent demise, and the continuing expansion of the North American economy – the constant thread through the last two decades has been the ever-increasing reliance by almost all businesses and industries on licensing intellectual property, technology and other forms of intangibles for one purpose or another. This is so even though reliance on technology licensing is not new – as early as 1996, North American corporations earned over $66 billi

It is likely that the Court’s decision will lead to greater use of the oppression remedy by creditors of companies in financial difficulties.

In the wake of the economic stress created by COVID-19, we have seen increased opportunities for buyers looking to acquire distressed companies and assets in Canada.

Below, we discuss three recent topics of which directors should be aware pertaining to their potential for liability: (i) the Fighting Against Forced Labour and Child Labour in Supply Chains Act...

In its recent decision in Ivaco Inc., Re [2006] O.J. No. 4152, the Ontario Court of Appeal dealt with the challenging interplay between pension law and insolvency law. The decision deals with a restructuring in which one of the dominant issues is the treatment of a debtor’s unfunded pension liabilities.

In the fall of 2008, Northern Sawmills Inc. idled its operations and laid off most of its employees.

On January 31, 2019, the Supreme Court of Canada (the "SCC") rendered its decision in Orphan Well Association v. Grant Thornton Ltd. (the "Decision").

Nearly a year ago, the Government of Alberta announced its new Liability Management Plan. Through this plan, the Alberta Government provided the Alberta Energy Regulator (AER) ...