Mondaq Canada: Insolvency/Bankruptcy/Re-structuring
Miller Thomson LLP
Sun Life intente en 2005, un recours contre Technique Acoustique en vue de récupérer les sommes qu'elle a dû débourser pour la réparation d'un immeuble construit par la débitrice.
Blake, Cassels & Graydon LLP
This is the second instalment in a series examining large retail insolvencies in Canada from the perspective of various stakeholders.
Borden Ladner Gervais LLP
Although the Court didn't break much new legal ground in The Bank of Nova Scotia v. Renatoneil Consultants Ltd...
Miller Thomson LLP
L'appel est formé par le syndic et le gestionnaire qui se pourvoient contre un jugement de la Cour supérieure leur enjoignant de payer des dommages intérêts à une créancière garantie (Finexcorp).
Gowling WLG
In a recent decision[1], the British Columbia Supreme Court (the "Court") determined that purported secured loans made by a shareholder were properly characterized as equity contributions...
Edwards, Kenny & Bray LLP
In British Columbia, the right to sue on a debtor's failure to repay a loan is generally limited to a two year period following the date the debtor defaults on that loan, thanks to the provisions...
Fasken Martineau (French)
Dans l'arrêt Canada c Callidus Capital Corporation, la Cour d'appel fédérale a conclu que la faillite du débiteur fiscal après la réception, par le créancier garanti...
Fasken Martineau
Subsection 222(1) of the Excise Tax Act (Canada) creates a deemed trust in favour of the Crown for collected but unremitted goods and services tax/harmonized sales tax ("GST/HST")...
Thornton Grout Finnigan LLP
If "necessity is the mother of invention" , then insolvency is a perfect incubator within which creative solutions can emerge.
Miller Thomson LLP
On September 14th Ontario Bill 154, Cutting Unnecessary Red Tape Act, 2017 passed first reading.
Devry Smith Frank LLP
Sears Canada pensioners are still fighting for a payout, and some are shocked to see what they're receiving from their pension due to the company's insolvency process.
Borden Ladner Gervais LLP
In Callidus Capital Corporation v. McFarlane, the Ontario Court of Appeal reduced the amount of debt a company's President and CEO owed on a guarantee from $3 million to $250,000.
Lerners
In this article written for Claims Canada, insurance defence lawyer, Anne Juntunen discusses Canada's first cyber coverage decision in The Brick v. Chubb.
Gehlen Dabbs
In certain circumstances, however, there may be a way to recover an unsecured debt despite the court-ordered stay of legal proceedings.
Borden Ladner Gervais LLP
The decision denying the stay was emphatic, with Wakeling JA stating that a contrary outcome would be "heretical in nature" to stare decisis, the legal requirement that courts must follow precedents.
Gehlen Dabbs
An individual may become insolvent for a variety of reasons. For many people, it may be a matter of over use of credit cards or other credit facilities.
McCarthy Tétrault LLP
With respect to the first reason, the court found that Temple went too far in extending the analogy of the floating charge to secured creditors.
McInnes Cooper
Recently, the Federal Court of Appeal confirmed that a tax debtor's bankruptcy does not extinguish the federal Crown's priority to proceeds a secured creditor obtains from that tax debtor's assets before its bankruptcy.
Devry Smith Frank LLP
In an earlier blog, we noted that Sears Canada had agreed to create a fund for former employees who were denied severance payments while the company restructured.
Miller Thomson LLP
La Cour supérieure a dû déterminer, dans cette affaire, si le fait qu'un Surintendant change sa recommandation de suspendre ou de refuser une libération en cours d'argumentation contrevient au droit d'un failli de se prémunir d'une défense ...
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Fasken Martineau
Subsection 222(1) of the Excise Tax Act (Canada) creates a deemed trust in favour of the Crown for collected but unremitted goods and services tax/harmonized sales tax ("GST/HST")...
Edwards, Kenny & Bray LLP
In British Columbia, the right to sue on a debtor's failure to repay a loan is generally limited to a two year period following the date the debtor defaults on that loan, thanks to the provisions...
Thornton Grout Finnigan LLP
If "necessity is the mother of invention" , then insolvency is a perfect incubator within which creative solutions can emerge.
Borden Ladner Gervais LLP
In Callidus Capital Corporation v. McFarlane, the Ontario Court of Appeal reduced the amount of debt a company's President and CEO owed on a guarantee from $3 million to $250,000.
Borden Ladner Gervais LLP
Although the Court didn't break much new legal ground in The Bank of Nova Scotia v. Renatoneil Consultants Ltd...
Blake, Cassels & Graydon LLP
This is the second instalment in a series examining large retail insolvencies in Canada from the perspective of various stakeholders.
Miller Thomson LLP
On September 14th Ontario Bill 154, Cutting Unnecessary Red Tape Act, 2017 passed first reading.
Fasken Martineau (French)
Dans l'arrêt Canada c Callidus Capital Corporation, la Cour d'appel fédérale a conclu que la faillite du débiteur fiscal après la réception, par le créancier garanti...
Gowling WLG
In a recent decision[1], the British Columbia Supreme Court (the "Court") determined that purported secured loans made by a shareholder were properly characterized as equity contributions...
Devry Smith Frank LLP
Sears Canada pensioners are still fighting for a payout, and some are shocked to see what they're receiving from their pension due to the company's insolvency process.
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