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
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
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
Originally published in the Ontario Bar Association's Class Action Law Section, Volume 3, No. 1 – December 2012.
The Companies' Creditors Arrangement Act ("CCAA") has long been lauded as a flexible tool that lends...more
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