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McCarthy Tétrault LLP
The current backlog in the Toronto Civil List – where even short motions are being scheduled more than a year out ...
MLT Aikins LLP
The MLT Aikins insolvency and restructuring practice group carried out assignments in 2023 as counsel to debtor companies, lenders and court officers administering insolvency proceedings. Notable highlights are as follows.
McCarthy Tétrault LLP
Restructuring & Insolvency Comparative Guide for the jurisdiction of Canada, check out our comparative guides section to compare across multiple countries
McCarthy Tétrault LLP
Court approval of a sale process in receivership or Bankruptcy and Insolvency Act ("BIA") proposal proceedings is generally a procedural order and objectors do not have an appeal as of right...
Gowling WLG
Ontario Court sets aside arbitral award, finding procedural fairness violation where arbitrator refused to admit evidence filed with consent.
Borden Ladner Gervais LLP
The case of Anderson v. Westmount Projects Inc., 2023 ABKB 619, dealt with the financial challenges of Westmount Projects Inc. (Westmount)...
Torys LLP
In Re Trees Corporation et al., 2024 ONSC 30 (Trees), the Ontario Superior Court of Justice (Commercial List) (the Court) became the first court to consider in detail section 11.7(2)...
Singleton Urquhart Reynolds Vogel LLP
The Court's decision in Go-To Developments serves as an important reminder that solicitor-client privilege cannot be used as a shield to a receiver's investigative duties.
Gowling WLG
Out now, the Chambers and Partners Insolvency 2023 Global Practice Guide is a resource for legal and non-legal professionals to learn about the differing legal regimes...
McMillan LLP
The Court of King's Bench of Alberta decision in Re Mantle Materials Group, Ltd ("Mantle") continues a recent trend in Alberta in which environmental remediation obligations are found to have priority over the interests...
Blake, Cassels & Graydon LLP
Commercial insolvencies are expected to steadily increase in the near-term due to higher interest rates, supply chain disruption and corresponding increased commodity costs.
McCarthy Tétrault LLP
On October 18, 2023, the Québec Court of Appeal confirmed the Superior Court's authority to declare that court-ordered charges under the Bankruptcy and Insolvency Act (BIA) rank before deemed trusts in favour...
Bennett Jones LLP
Since 2019, FAAN Advisors Group Inc. (FAAN) has served as the trustee for the syndicated mortgage investors who lost money after the 2018 collapse of Fortress.
Blake, Cassels & Graydon LLP
Artificial intelligence (AI) presents a promising frontier for employers, by enhancing workplace productivity, automating routine tasks, and in some cases, improving employee performance.
Fasken
The priority of unfunded environmental obligations was once again at the fore of a recent decision from the Alberta Court of King's Bench (the "Court"). In Re Mantle Materials Group, Ltd, 2023 ABKB 488...
Osler, Hoskin & Harcourt LLP
Employee terminations and downsizing are features of most restructurings. While employees can typically assert a claim in the insolvency process, parallel claims and complaints...
Borden Ladner Gervais LLP
In the recent decision of Re Mantle Materials Group, Ltd, 2023 ABKB 488 (Mantle), the Alberta Court of King's Bench has held that reclamation obligations arising from a gravel production...
McCarthy Tétrault LLP
A recent decision of the Court of King's Bench of Alberta provides useful guidance to distressed companies that are considering arrangement transactions under business corporations legislation.
Singleton Urquhart Reynolds Vogel LLP
In this article, we consider the Ontario Superior Court's decision in Mattamy (Downsview) Limited v. KSV Restructuring Inc. (Urbancorp), 2023 ONSC 3012, and its implications for the limits to an arbitrator's discretion ...
Lenczner Slaght LLP
The Commercial List Users' Committee (CLUC) held its annual Education Day on June 7. The annual event offers an opportunity for members of the bar to gather with the Judges of the Commercial List...
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