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Canada
Bennett Jones LLP
This week's highly anticipated decision of the Alberta Court of Appeal in Qualex-Landmark Towers Inc v 12-10 Capital Corp, 2024 ABCA 115 [Qualex]...
MLT Aikins LLP
The spate of cannabis insolvencies over the past several years have heralded a number of developments in Canadian insolvency law.
Alberta Court Of Appeal Confirms Scope & Application Of Redwater Outside Of Formal Bankruptcy Regime
MLT Aikins LLP
In a landmark decision, the Alberta Court of Appeal (the Court) clarified the non-applicability of Redwater‘s environmental contamination principles to disputes between landowners outside insolvency proceedings.
Gardiner Roberts LLP
Can an undischarged bankrupt bring a lawsuit in his own name without notifying his trustee in bankruptcy? In Little v. Bramcan Investments Ltd, 2024 ONSC 1485 (CanLII)...
Osler, Hoskin & Harcourt LLP
Elevated interest rates are affecting businesses in every sector of the economy, but perhaps none more so than real estate.
Davies Ward Phillips & Vineberg
As we predicted in earlier issues of Davies Insolvency Now, the year 2023 reflected the anticipated increase in business insolvency activity.
MLT Aikins LLP
The British Columbia Supreme Court ("Court") was recently asked to address a gap in the Bankruptcy and Insolvency Act ("BIA")...
McCarthy Tétrault LLP
The 14th annual edition of Mining in the Courts provides a one-stop annual update on legal developments impacting the mining industry (available in English only).
Rosen & Associates
When confronted with outstanding tax liability, individuals naturally harbor concern regarding the potential consequences and measures the Canada Revenue Agency ("CRA")...
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.
Rotfleisch & Samulovitch P.C.
Canadian cryptocurrency investors and traders have lost millions of dollars' worth of crypto investments and crypto inventory as a result of fraud by both large and small crypto exchanges and platforms.
MLT Aikins LLP
A recent decision of the Ontario Superior Court ("Court") provided insights into how the Courts may interpret Section 11.7 of the Companies' Creditors Arrangement Act ("CCAA")...
McCarthy Tétrault LLP
Restructuring & Insolvency Comparative Guide for the jurisdiction of Canada, check out our comparative guides section to compare across multiple countries
Blake, Cassels & Graydon LLP
In the ever-changing landscape of Canadian insolvency law, substantive consolidation emerges as a powerful yet rare remedy with substantial implications for debtor entities and their creditors...
Borden Ladner Gervais LLP
The case of Milot Law v Sittler, 2024 ABCA 39 arises from the DeMara Consulting Inc. tax evasion scandal. Heather and Sheldon Sittler (collectively, the Sittlers)..
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...
Torys LLP
Appeals under the Bankruptcy and Insolvency Act (BIA) generally result in an automatic stay of the order under appeal—a potentially costly and disruptive outcome.
MLT Aikins LLP
Foreclosure allows lenders to recover debts by selling the property of defaulting borrowers. In Saskatchewan, this process provides special protections for farmers.
Fasken
We've seen an uptick in corporate insolvency filings and creditor-driven CCAAs (Companies' Creditors Arrangement Act), followed by a corresponding increase in interesting developments in insolvency law.
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)...
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