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Searching Content indexed under Financial Restructuring by Cassels Brock ordered by Published Date Descending.
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Alberta Court Of Appeal Releases Anticipated Decision In Canada v Canada North Group Inc.
A recent decision of the Alberta Court of Appeal has confirmed that court ordered restructuring charges granted pursuant to the Companies' Creditors Arrangement Act (CCAA) enjoy a higher priority.
Canada
9 Sep 2019
2
Void "Ab Initio": The Dangers Of Insufficient Disclosure
While it is common practice in Canada to seek certain emergency orders on an ex parte basis (i.e. where only one party (and not the adversary) appears before a judge), applicants for such orders are held to a high standard of candour with the court.
Canada
29 Dec 2014
3
Restructuring + Insolvency CCAA Watch - U.S. Steel Canada Obtains CCAA Protection
U.S. Steel Canada has been granted creditor protection under Canada’s Companies’ Creditors Arrangement Act by the Ontario Superior Court of Justice.
Canada
19 Sep 2014
4
Restructuring Insolvency Report - September 2014
In the context of cross-border insolvencies, Canadian courts have consistently encouraged comity and co-operation with courts in other countries.
Canada
18 Sep 2014
5
CCAA Watch
Douglas Channel LNG Partnership has been granted creditor protection under Canada's Companies Creditors Arrangement Act (the "CCAA") by the Supreme Court of British Columbia. Douglas Channel had embarked on developing an LNG facility in the Kitimat area of British Columbia which was intended to serve the fast-growing Asian market for liquefied natural gas.
Canada
25 Nov 2013
6
The Internet - How Public Access Impacts PPSA Notice Requirements
An auction of goods held over the Internet may be considered to be a public auction for the purposes of giving notice under the PPSA.
Canada
5 Feb 2013
7
Sheltering Unsecured Debt Under A Secured Party’s Security: Court Of Appeal Suggests Practice May Be Acceptable Under The Right Circumstances
A discussion on whether the sheltering of debt under a secured party’s security is possible.
Canada
4 Feb 2013
8
Canada’s Cinram Manufacturing Files In CCAA
Cinram International Income Fund has sought and obtained protection under the "Companies' Creditors Arrangement Act" (CCAA).
Canada
13 Jul 2012
9
When Less Is Not More – PPSA Pitfalls For The Unwary
A recent Alberta decision highlights potential pitfalls for lenders registering against equipment outside of Ontario; Alberta legislation requires a lender to describe "serial numbered" equipment against which a purchase money security interest (PMSI) will be asserted by year, make, model and VIN/serial number in a schedule to the registration, or by "type and kind" in the general collateral description box.
Canada
7 Mar 2012
10
Is Equity A Crime?
Charging usurious loan interest is a criminal offence under section 347 of the Criminal Code of Canada. There is little chance of a prosecution under this section in a commercial transaction. However, the offence has been used by debtors in civil transactions to reduce their payment obligations.
Canada
22 Nov 2007
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