Mondaq Canada: Insolvency/Bankruptcy/Re-structuring
Thornton Grout Finnigan LLP
The Ontario Court of Appeal released its decision denying parties leave to appeal from Justice Newbould's decision which held that global proceeds of sale in the amount of US$7.3 billion should be distributed to the worldwide Nortel debtor estates on a pro rata basis.
Miller Thomson LLP
Sun Life intente en 2005, un recours contre Technique Acoustique en vue de récupérer les sommes qu'elle a dû débourser pour la réparation d'un immeuble construit par la débitrice.
Miller Thomson LLP
Indalex Limited (Indalex) était le constituant et l'administrateur de deux régimes de pension, soit l'un en faveur de ses employés (Régime Employés) et l'autre en faveur de ses employés dirigeants...
Gehlen Dabbs
Subject to the provisions of the Bankruptcy and Insolvency Act (BIA), one or more unsecured creditors of a debtor may apply to the court for a bankruptcy order in respect of the debtor.
Lerners
The OLRB concurrently stayed the union's application for certification on the basis of the stay of proceedings that had been made when Courtice had gone into receivership.
Bennett Jones LLP
The Ontario Court of Appeal recently released a decision allowing a certification application by a union to proceed in the face of a receivership of the employer.
Goldman Sloan Nash & Haber LLP
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.
Miller Thomson LLP
Sun Life intente en 2005, un recours contre Technique Acoustique en vue de récupérer les sommes qu'elle a dû débourser pour la réparation d'un immeuble construit par la débitrice.
Blake, Cassels & Graydon LLP
Redwater Energy Corp. was a publicly listed junior oil and gas producer in Alberta that held a number of properties licensed under the OGCA and the PA.
Gehlen Dabbs
When a company faces insolvency or bankruptcy, the directors (and sometimes officers) of the company can face personal liability for the company's debts.
Gehlen Dabbs
While a failing business may be burdensome to its current owners, acquiring the entity or its assets can be very attractive to onlookers.
Cassels Brock
Grant Thornton, in its capacity as Receiver and Trustee of Redwater, disclaimed their interest in certain uneconomic wells and pipelines of Redwater.
Borden Ladner Gervais LLP
On April 24, 2017, the Alberta Court of Appeal issued a decision in Orphan Well Association v Grant Thornton Limited, 2017 ABCA 124.
McCarthy Tétrault LLP
The critical consideration in the insolvency context is often whether it is possible to attach a monetary value to the claim.
Minden Gross LLP
Litigator Catherine Francis published "Solicitor-Client Privilege in Bankruptcy" in the Canadian Association of Insolvency and Restructuring Professionals' (CAIRP) magazine Rebuilding Success.
Burnet, Duckworth & Palmer LLP
Acquiring a distressed business or asset can be an excellent investment opportunity for prospective purchasers. Strategic buyers see distressed entities as presenting avenues which may not have otherwise been available if the target was solvent.
Miller Thomson LLP
Certains créanciers s'opposent à l'homologation d'une proposition de Société de Gestion GLI inc.
Gardiner Roberts LLP
A few weeks ago, I decided to take a break from reading cases, arguments and alternative arguments to peruse the news (read: basket-cases, facts and "alternative facts") instead.
McMillan LLP
Given the substantial amount of capital invested in Canadian businesses by American investors a considerable number of trust indenture documents are governed by US law and are "qualified" under the Trust Indenture Act of 1939.
Goldman Sloan Nash & Haber LLP
The Bulk Sales Act (Ontario) (the "BSA") was enacted in Ontario in 1917 with the purpose of combatting then prevalent commercial fraud.
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Gehlen Dabbs
When a company faces insolvency or bankruptcy, the directors (and sometimes officers) of the company can face personal liability for the company's debts.
Blake, Cassels & Graydon LLP
Redwater Energy Corp. was a publicly listed junior oil and gas producer in Alberta that held a number of properties licensed under the OGCA and the PA.
Osler, Hoskin & Harcourt LLP
In a precedent-setting decision, Justice Fitzpatrick of the British Columbia Supreme Court held that a U.S. multi-employer pension plan's claim for $1.25 billion against Canadian CCAA debtors was invalid.
Field LLP
Field Law's Energy Group continues to follow developments regarding the Redwater Energy case. This Energy Alert summarizes the Alberta Court of Appeal's recent decision on the matter.
Goldman Sloan Nash & Haber LLP
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.
Blake, Cassels & Graydon LLP
Lightstream is a light oil-focused exploration and production company, operating primarily in Alberta and Saskatchewan.
Gehlen Dabbs
While a failing business may be burdensome to its current owners, acquiring the entity or its assets can be very attractive to onlookers.
Borden Ladner Gervais LLP
On April 24, 2017, the Alberta Court of Appeal issued a decision in Orphan Well Association v Grant Thornton Limited, 2017 ABCA 124.
Thornton Grout Finnigan LLP
The Ontario Court of Appeal released its decision denying parties leave to appeal from Justice Newbould's decision which held that global proceeds of sale in the amount of US$7.3 billion should be distributed to the worldwide Nortel debtor estates on a pro rata basis.
Cassels Brock
Grant Thornton, in its capacity as Receiver and Trustee of Redwater, disclaimed their interest in certain uneconomic wells and pipelines of Redwater.
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