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Halsbury's Debtor and Creditor (2022 Reissue) deals with the collection by unsecured creditors of debts owed by solvent debtors and discusses the federal-provincial overlap...

Two years into the pandemic, policymakers struggle to strike a balance between mitigating the ongoing human costs of the crisis and exacerbating the financial strain caused by economic support measures.

The Alberta Court of Queen's Bench decision in Redwater Energy Corporation Re, 2016 ABQB 278, written by Chief Justice Neil Wittmann, clarifies that the provisions of the Bankruptcy and Insolvency Act...

Le 23 mai 2014, le juge Jean-François Émond désigne Lemieux Nolet inc. comme séquestre de la débitrice Purgenesis Technologies inc. et lui confère entre autres, les pouvoirs de vendre ou de disposer des actifs de la Débitrice.

La Cour supérieure a dû déterminer, dans cette affaire, si le fait qu'un Surintendant change sa recommandation de suspendre ou de refuser une libération en cours d'argumentation ...

On July 27, 2020, the Newfoundland and Labrador Supreme Court (the "Court") released its decision in Great North Data Ltd., (Re),[1] where Justice Handrigan ...

The recent decision in Ernst & Young Inc. v. Aquino, the Ontario Court of Appeal (OCA) analyzed the criteria for establishing voidable transfers at undervalue under section 96...

In the last couple of years, we have seen an increased use of out-of-court restructurings or as an alternative to a formal insolvency proceeding under the Companies’ Creditors Arrangement Act (Canada) (CCAA) or its equivalent in the United States, Chapter 11 of the U.S.Bankruptcy Code.

Now that the Canadian Wage Earner Protection Program (WEPP) has been in place for several years, some of the practi¬cal challenges created by the legislation can be bet¬ter understood.

PLAN SPONSOR ENTITLED TO VOTE AS CREDITOR AND CREDITOR APPROVAL REQUIRED TO IMPLEMENT LITIGATION FUNDING AGREEMENT.

Calfrac provides specialized oilfield services to exploration and production companies drilling and extracting oil from wells drilled throughout Western Canada, the United States, Argentina and Russia.

In the matter of the Companies' Creditors Arrangement Act ("CCAA") of the S.M. Group, the Québec Court of Appeal rendered a ruling on the effect of the law of set-off on debts...

An integral part of insolvency proceedings in Canada is the issuance of a stay of proceedings which prevents creditors from commencing or continuing actions against the debtor.

On November 13, 2015, the Supreme Court rendered its decision in Lemare Lake Logging Ltd. v. 3L Cattle Company Ltd. (2015 SCC 53) ("Lemare Lake").

The Ontario Superior Court of Justice's decision in Carillion Canada Inc. clarifies how the principles in Montréal (City) v. Deloitte Restructuring Inc. (Montréal)...

The biggest insolvency in national retailing history, Target stores' Canadian subsidiary, is scheduled to take key steps on the road to resolution this month and over the summer.

In its most recent decision, Chandos Construction Ltd v Deloitte Restructuring Inc.[1], the Supreme Court of Canada (the "SCC") reaffirmed the existence of the common law anti-deprivation rule in Canada.

We were approached by a company to assist with its restructuring. Our client's biggest problem was that its largest unsecured creditor was also its main supplier.