Skye Sepp

Skye Sepp

Blake, Cassels & Graydon LLP

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Court of Appeal Closes Door on U.S. Doctrine for Re-Ranking Creditors

The Ontario Court of Appeal (OCA) has closed the door on the application of equitable subordination in Companies’ Creditors Arrangement Act (CCAA) proceedings. In U.S. Steel Canada Inc. (Re), the OCA clarified the scope of...more

9/23/2016  /  Bankruptcy Insolvency Act (BIA) , Canada , CCAA , Creditors , Insolvency
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