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Thornton Grout Finnigan LLP
 
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Tel: +1 416 304 1616
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P. O. Box 329, Toronto-Dominion
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ON M5K 1K7
Canada
By Michael Shakra
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.
By Alana Shepherd
A recent decision of the Ontario Superior Court of Justice (Commercial List), Re Kitchener Frame Limited, considered three hot-button issues in a proposal proceeding under Part III of the Bankruptcy and Insolvency Act (the "BIA").
By John Finnigan, Jessica Prince
In January, the Ontario Court of Appeal confirmed the existence of a new common law right of action for breach of privacy in Jones v. Tsige.