Pension Benefits Act

Carrigan Case: Supreme Court of Canada Dismisses Leave to Appeal

by Douglas Rienzo | Osler, Hoskin & Harcourt LLP on 3/29/2013

This morning, the Supreme Court of Canada dismissed the application for leave to appeal in Carrigan v. Carrigan Estate. As a result, the Ontario Court of Appeal’s new interpretation of the priority scheme for the payment of...more

Indalex: What Are the Pension Implications?

by Lesha Van Der Bij | Osler, Hoskin & Harcourt LLP on 2/13/2013

On February 1, 2013, the Supreme Court of Canada released its much anticipated decision in Sun Indalex Finance, LLC v. United Steelworkers, a case which pitted the claims of pensioners against those of secured creditors in...more

New Concerns for Bondholders, Lenders and Other Creditors Following SCC’s Indalex Decision

by Richard Orzy, Raj Sahni, Kevin Zych | Bennett Jones LLP on 2/13/2013

On February 1, 2013, the Supreme Court of Canada (SCC) released its much-awaited decision in the Indalex case. While the central issue in Indalex was the priority of wind-up deficiencies in defined benefit pension plans...more

Indalex: What Are the Pension Implications?

by Anthony Devir, Ian McSweeney, Lesha Van Der Bij | Osler, Hoskin & Harcourt LLP on 2/11/2013

“When a business becomes insolvent, many interests are at risk. Creditors may not be able to recover their debts, investors may lose their investments and employees may lose their jobs. If the business is the sponsor of an...more

Indalex – Priorities and Pension Deficiencies

by Richard Borins, Michael De Lellis, Scott Horner, Kevin Morley, Edward Sellers | Osler, Hoskin & Harcourt LLP on 2/8/2013

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

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

by Michael N. Atlas, Lisa Corne, David Preger, Michael Weinczok | Dickinson Wright on 2/7/2013

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

Ontario Pension Plans Will be Permitted to Use Letters of Credit

by Lesha Van Der Bij | Osler, Hoskin & Harcourt LLP on 12/4/2012

Effective January 1, 2013, certain Ontario employers will be able to use letters of credit to fund their pension plans’ solvency deficiencies....more

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Carrigan Case: Supreme Court of Canada Dismisses Leave to Appeal

Indalex: What Are the Pension Implications?

New Concerns for Bondholders, Lenders and Other Creditors Following SCC’s Indalex Decision

Indalex: What Are the Pension Implications?

Indalex – Priorities and Pension Deficiencies

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

Ontario Pension Plans Will be Permitted to Use Letters of Credit

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