Mondaq Canada: Insolvency/Bankruptcy/Re-structuring
Borden Ladner Gervais LLP
In the recent landmark decision of The Guarantee Company of North America v. Royal Bank of Canada, a unanimous five judge panel of the Ontario Court of Appeal provided guidance as to whether statutory
Fasken (French)
Comme Yeats l'a écrit dans son poème intitulé La Seconde venue : « L'anarchie se déchaîne sur le monde »[1]. Bien qu'on ne puisse pas à proprement parler d'anarchie ...
McCarthy Tétrault LLP
PLAN SPONSOR ENTITLED TO VOTE AS CREDITOR AND CREDITOR APPROVAL REQUIRED TO IMPLEMENT LITIGATION FUNDING AGREEMENT.
Fasken
As Yeats said in his poem, The Second Coming: "mere anarchy is loosed upon the world". While perhaps not anarchy, certainly most insolvency practitioners ...
Fogler, Rubinoff LLP
In the much anticipated decision, Orphan Well Association et al. v. Grant Thornton Limited et al.1, (Redwater), the Supreme Court of Canada (SCC)
Miller Thomson LLP
The Supreme Court of Canada ("SCC") has released its decision in Orphan Well Association v. Grant Thornton Limited (2019 SCC 5) regarding the bankruptcy of Redwater Energy Corporation ...
McCarthy Tétrault LLP
On February 1, 2019, the Supreme Court of Canada (SCC) released its highly anticipated decision in the Orphan Well Association, et al. v. Grant Thornton Limited, et al, 2019 SCC 5 (Redwater).
Borden Ladner Gervais LLP
On January 31, 2019, the Supreme Court of Canada released its landmark decision in Orphan Well Association v Grant Thornton Ltd, 2019 SCC 5 ("Redwater").
Siskinds LLP
Supreme Court of Canada Orders Trustee in Bankruptcy to Comply with Environmental Remediation Orders Prior to Distributing Funds to Secured Creditors in Orphan Well Association v. Grant Thornton Ltd, 2019 SCC 5
Field LLP
Today the Supreme Court of Canada released their decision in Re: Redwater [2019 SCC 5].
Cassels Brock
On January 31, 2019, the Supreme Court of Canada released its decision in Orphan Well Association, Alberta Energy Regulator v. Grant Thornton Limited and ATB Financial.
Bennett Jones LLP
The Alberta Energy Regulator's Statutory Power is Not in Conflict With the Bankruptcy and Insolvency Act
Lenczner Slaght LLP
The Supreme Court of Canada today released its long-awaited decision in Orphan Well Association v Grant Thornton Ltd.
Norton Rose Fulbright Canada LLP
In a 5:2 decision issued earlier today, the Supreme Court of Canada overturned the Alberta Court of Appeal's decision in Orphan Well Association v Grant Thornton Ltd. (also known as Redwater).
Gowling WLG
In Callidus Capital Corporation v. Her Majesty the Queen, the Supreme Court of Canada overturned a troubling 2017 decision of the Federal Court of Appeal.
Gowling WLG
Public consultations on enhancing retirement security led by the Ministry of Innovation, Science and Economic Development Canada closed in late 2018.
McMillan LLP
A five judge majority of the Supreme Court of Canada has allowed an appeal brought by the Alberta Energy Regulator and the Orphan Well Association from the decision of the Alberta Court of Appeal ...
Borden Ladner Gervais LLP
AP Inc. and Aralez Pharmaceuticals Canada Inc. brought an application to the Ontario Superior Court under the CCAA concurrently with a United States Chapter 11 proceeding brought by affiliated entities. the Applicants.
Aird & Berlis LLP
A recent decision of Justice Watt of the Ontario Court of Appeal definitively answers the question of which appeal procedure must be followed in appeals of Orders made in proceedings constituted under both the BIA and...
Borden Ladner Gervais LLP
On January 14, 2019, the Ontario Court of Appeal released its much anticipated decision addressing the interaction between the trust provisions of the Ontario CLA and the BIA in The Guarantee Company of North America...
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Bennett Jones LLP
No. Nothing precludes a civil proceeding from progressing in parallel with, or in advance of, criminal proceedings concerning the same subject matter.
Torkin Manes LLP
Canada has always been a great place for non-Canadians to do business. Moreover, during the last twenty years, it has stood out among the world's nations as one of the most stable business environments, ...
Goldman Sloan Nash & Haber LLP
The Court of Appeal's decision firmly establishes that these trusts can be effective after bankruptcy.
Blaney McMurtry LLP
Following are our summaries of the civil decisions of the Court of Appeal for Ontario this past week.
Fasken
On December 10, 2018, the Superior Court of Quebec (Court) released an important judgment concerning the assignment of contracts under the Companies' Creditors Arrangements Act (CCAA) ...
Torys LLP
"[B]ankruptcy is not a license to ignore rules"—so said the majority in Canada's highest court in the Redwater decision, holding that there was no conflict between Albertan energy and environmental legislation and...
Lawson Lundell LLP
The SCC in Redwater Confirms the Oil and Gas Industry Status Quo: Bankruptcy is Not a Licence to Disregard Environmental Rules
McCarthy Tétrault LLP
On February 1, 2019, the Supreme Court of Canada (SCC) released its highly anticipated decision in the Orphan Well Association, et al. v. Grant Thornton Limited, et al, 2019 SCC 5 (Redwater).
Dentons
Accordingly, the SCC's decision fundamentally changes the application of the law by receivers and trustees.
Field LLP
Today the Supreme Court of Canada released their decision in Re: Redwater [2019 SCC 5].
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