Edward Sellers

Edward Sellers

Osler, Hoskin & Harcourt LLP

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Former Directors and Officers of Bankrupt Company Reach $4.75 Million Settlement with the Ministry of Environment over Cleanup...

On October 28, 2013, the Ontario Ministry of the Environment (MOE) announced that it had reached a settlement with the former directors and officers of Northstar Aerospace whereby those former directors and officers agreed to...more

11/4/2013 - Canada Directors Environmental Claims Environmental Liability Environmental Protection Act Officers

Ontario Divisional Court Confirms That Former Directors and Officers Must Remediate While Order Is Under Appeal

On June 19, 2013, in Baker v. Ministry of the Environment, 2013 ONSC 4142 [Baker], the Ontario Divisional Court upheld the decision of the Ontario Environmental Review Tribunal (ERT) that refused to stay a Director’s order...more

7/8/2013 - Appeals Canada CCAA Commercial Bankruptcy Directors Environmental Review Officers Remediation Stays

Indalex – Priorities and Pension Deficiencies

On Friday, February 1, 2013, the Supreme Court of Canada released its highly anticipated decision in Indalex Limited (Re). The ruling stemmed from an appeal of an Ontario Court of Appeal decision that had created commercial...more

2/8/2013 - BIA Priority Regime CCAA Constructive Trusts Debtors-in-Possession Indalex Insolvency Pension Benefits Act Pension Deficiencies Restructuring Statutory Deemed Trusts Super Priority DIP Charge

Supreme Court of Canada Affirms Federal Paramountcy in Insolvency but Leaves Uncertainty for the Credit Community Regarding...

The Supreme Court of Canada released its highly anticipated decision in Indalex Limited (Re) this morning. The ruling stemmed from an appeal of an Ontario Court of Appeal decision that had created commercial uncertainty...more

2/1/2013 - Indalex Insolvency Pensions Restructuring Statutory Deemed Trusts The Companies' Creditors Arrangement Act

When can Environmental Regulatory Orders be Compromised Claims under the Companies’ Creditors Arrangement Act? Supreme Court of...

Newfoundland and Labrador v. AbitibiBowater Inc., 2012 SCC 67 - In its decision released on December 7, 2012, the Supreme Court of Canada held that claims in respect of provincial environmental clean-up orders can be...more

12/12/2012 - Environmental Remediation Costs The Companies' Creditors Arrangement Act

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