Mondaq Canada: Insolvency/Bankruptcy/Re-structuring
Norton Rose Fulbright Canada LLP
The case is causing uncertainty throughout Canada's secured lending community, which now faces new and unexpected risks.
Norton Rose Fulbright Canada LLP
The Supreme Court of Canada recently released its decision in Orphan Well Association v Grant Thornton Limited, (Redwater).
Borden Ladner Gervais LLP
The Defendant was a dentist who had executed a personal guarantee on July 7, 2011 in favour of the Plaintiff (the "Bank") in order to secure payment of the indebtedness of the Defendant's professional
Bennett Jones LLP
in September 2018, Concordia International Corp. and Concordia Healthcare Limited implemented a plan of arrangement under the CBCA that has the potential to expand the use of the CBCA arrangement provision...
Bennett Jones LLP
Section 192, the plan of arrangement provision in the Canada Business Corporations Act (CBCA), is an increasingly popular means of facilitating corporate debt restructurings and recapitalizations.
Rogers Partners LLP
This time last year, a rare five-member panel of the Ontario Court of Appeal rendered a decision in Douglas v. Stan Fergusson Fuels Ltd. The decision involved the intersection of subrogation and bankruptcy law.
Cox & Palmer
The Supreme Court of Canada ("SCC") released its decision in Orphan Well Association v Grant Thornton Ltd., 2019 SCC 51 ("Redwater") on January 31, 2019
Bennett Jones LLP
The Alberta Court of Queen's Bench has issued several conflicting decisions on whether a stay of proceedings in an insolvency matter should be temporarily lifted to allow enforcement of a contractual right to...
Blake, Cassels & Graydon LLP
On February 4, 2019, the Quebec Court of Appeal (Court of Appeal) ruled in the restructuring proceedings of Bluberi Gaming Technologies Inc., now 9354‑9186 Québec Inc., et al.
Borden Ladner Gervais LLP
In February 12, 2019, the Alberta Court of Appeal released its decision in Northern Sunrise County v Virginia Hills Oil Corp ("Virginia Hills").
Torys LLP
The Alberta Court of Appeal dismissed the appeal of three Alberta municipalities in Northern Sunrise County v Virginia Hills Oil Corp, 2019 ABCA 61 (Virginia Hills).
Langlois lawyers, LLP
On January 31, 2019, the Supreme Court of Canada decided, in Orphan Well Association v. Grant Thornton Ltd., that a provincial regulator, in this case the Alberta Energy Regulator (the "AER"),
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").
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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
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.
Davies Ward Phillips & Vineberg
In a landmark decision released on January 31, 2019, the Supreme Court of Canada ruled in Orphan Well Association v Grant Thornton Ltd. that the environmental remediation obligations of a bankrupt oil and gas company ...
Bennett Jones LLP
in September 2018, Concordia International Corp. and Concordia Healthcare Limited implemented a plan of arrangement under the CBCA that has the potential to expand the use of the CBCA arrangement provision...
Rogers Partners LLP
This time last year, a rare five-member panel of the Ontario Court of Appeal rendered a decision in Douglas v. Stan Fergusson Fuels Ltd. The decision involved the intersection of subrogation and bankruptcy law.
Gowling WLG
The potential conflict between federal insolvency law and provincial environmental law that came to a head in Orphan Well Association v Grant Thornton Ltd ("Redwater") was settled by the Supreme Court
Torys LLP
Just over a month after the SCC handed down its precedent-setting decision in Redwater (Orphan Well Association v. Grant Thornton Ltd. 2019 SCC 5)
Watson Goepel LLP
The use of trusts and other vehicles for business and asset protection purposes is a long-standing practice.
Bennett Jones LLP
Section 192, the plan of arrangement provision in the Canada Business Corporations Act (CBCA), is an increasingly popular means of facilitating corporate debt restructurings and recapitalizations.
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