Canada: Insolvency/Bankruptcy

This past year has featured a diverse range of consequential, precedent-setting insolvency disputes across various industries, reflecting both the breadth of challenges facing Canadian businesses...

Canada offers an array of options and tools that enable insolvent companies to restructure. Canadian insolvency legislation provides for flexibility, which fosters creativity and promotes...

Fraudulent conveyance occurs when someone transfers property or assets to another person to avoid paying debts.

Dans la récente décision In Re Hudson's Bay Company[1] (« HBC »), la Cour supérieure de justice de l'Ontario (la « Cour ») a rejeté une requête de la Compagnie de la Baie d'Hudson...

Solvent liquidations are often regarded as an orderly process, but the recent Noal case shows they have exacting requirements. When a company enters a members' voluntary liquidation (MVL)...

The model Initial Order under the Companies' Creditors Arrangement Act (the "CCAA"), pursuant to section 11.02 of the CCAA, provides a stay of proceedings preventing any proceedings or enforcement processes...

Lorsqu'une combine à la Ponzi s'effondre, de quelle manière un syndic de faillite doté de ressources limitées devant répondre à des centaines d'investisseurs innocents...

Dans Atlantic Sea Cucumber Ltd. (Re), la Cour suprême de la Nouvelle-Écosse (« la Cour »), siégeant en matière de faillite, a refusé d'accorder priorité à une sûreté invoquée par une société liée au débiteur, et ce, malgré l'existence d'une garantie antérieurement consentie.

Security deposits are a common practice in commercial leasing. They are defined as the payment of a sum of money by the tenant to guarantee performance of the latter's obligations under the terms of the lease.