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While serving as an unwelcome reminder to many, the Court's decision merely reflects a long-line of existing case law, the most uncontroversial aspects of which have long since been codified in statute.

Almost one year ago, in an article entitled "Are Forbearance Agreements on the Endangered Species List? The Effect of Canada v. Callidus Capital on Lender's Dealings with Insolvent Borrowers"...

In this matter, the debtor Cheese Factory Road Holdings Inc. ("Cheese Factory") had collected but failed to remit GST/HST to the Crown between 2010 and 2013.

For those who are interested in recent cases and developments relating to copyright and related matters there have been a number of developments since the last entry.

On May 8, 2020, the Supreme Court of Canada (SCC) released its reasons for the decision rendered in 9354-9816 Québec Inc. et al. v. Callidus Capital Corporation, et al on January 23, 2020.

On November 10, 2022, the Supreme Court of Canada (SCC) issued its much-anticipated decision in Peace River Hydro Partners v Petrowest Corp, 2022 SCC 41...

There is no doubt that vendors of software and technology services will be adversely affected by the current global financial crisis.

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

In our latest update, we review the courts' recent approach to the use of insolvency proceedings in non-payment scenarios arising out of construction contracts.

As the economic crisis brought on by the novel coronavirus (COVID-19) pandemic deepens, commercial landlords would be wise to review the deposit language contained in their leases with their counsel.

Security deposits are a common practice in commercial leasing. They are defined as the payment of a sum of money by the tenant to guarantee performance of the latter's obligations under the terms of the lease.

Lawrence Franklin Glazer recently had his Action against the CRA dismissed on a summary judgement.

Since the last financial crisis, stakeholders changed the way they approached issues with corporate liquidity. Markets in the United States and Europe are now undergoing a period of intense "liability management" activity...

La créance pécuniaire est un concept en vigueur depuis le 1er janvier 2016.

Bill 27 contains a new wholesale change to the way judgments are registered and enforced in BC. It will be proclaimed in 2025.

La Cour est saisie d’une requête pour lever la suspension des procédures ordonnée en faveur de Montreal, Maine & Altlantic Railway Ltd.

Network infrastructure Inventory [N(I)2] Inc. entre sur le marché en 2003 et Suvre dans le domaine informatique. La crise financière de 2008 vient toutefois affecter l'entreprise qui se retrouve endettée d'environ 16 millions en 2012.

On July 27, 2006, the Supreme Court of Canada released its decision in GMAC Commercial Credit Corporation and T.C.T. Logistics Inc. et. al v. Wood & Allied Workers of Canada, Local 700. In a 7 to 1 decision, the Supreme Court confirmed that (i) the Bankruptcy Court does not have jurisdiction to decide whether an interim receiver is a successor employer within the meaning of the Labour Relations Act, 1995; and (ii) the test for leave to commence proceedings against a trustee in bankruptcy or