The COVID-19 situation has already had a significant effect on the economy, and it will no doubt continue to do so. Almost every type of business is likely to experience some form of financial upheaval. We simply cannot...more
1. OVERVIEW - The impact of COVID-19 is changing at a rapid pace. The outbreak of the 2019 Novel Coronavirus disease (“COVID-19”) which originated in Wuhan, China, has rapidly spread throughout the world, including Canada...more
Overview -
On February 1, 2013, the Supreme Court of Canada (the “SCC”) affirmed the priority granted to Debtor-In-Possession (“DIP”) lenders who provide capital to debtor companies undergoing the restructuring process...more
2/7/2013
/ Chapter 11 ,
Constructive Trusts ,
Debtors-in-Possession ,
Fiduciary Duty ,
Indalex ,
Lenders ,
Loans ,
Pension Benefits Act ,
Pensions ,
Restructuring ,
Statutory Deemed Trusts ,
Subsidiaries ,
The Companies' Creditors Arrangement Act