Lisa Corne

Lisa Corne

Dickinson Wright

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Latest Publications


Canadian Bankruptcy Considerations in Factoring Transactions

Factoring transactions, in which a buyer purchases outright or acquires an interest in a seller’s accounts receivable, are becoming increasingly common. Initially, the buyer must determine whether the transaction is to be...more

10/23/2015 - Bankruptcy Insolvency Act (BIA) Buyers Canada CCAA Clawbacks Commercial Bankruptcy Consideration Creditors Discounts Factoring Transactions Fair Market Value Insolvency Look-Back Measurement Period Sale of Assets Sellers Supreme Court of Canada Undervalue Transfers

Supreme Court of Canada Upholds Priority for DIP Lenders in CCAA Proceedings

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

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