One of the main benefits to a purchaser who buys oil and gas assets in a proceeding under the Companies' Creditors Arrangement Act or a receivership is the near-absolute quieting of title via a "vesting order." In Manitok...more
Le 20 juillet dernier, la Cour d’appel du Québec a rendu l’arrêt Séquestre de Media5 Corporation dans lequel elle infirme la décision de première instance et permet la nomination d’un séquestre en vertu de l’article 243(1) de...more
The Ontario Court of Appeal recently released the second of two highly anticipated decisions stemming from the receivership proceedings of Dianor Resources Inc. The first decision clarified the test used to determine when a...more
Recent decisions of the Court of Queen's Bench of Alberta have put into question the priority of municipal property taxes in insolvency proceedings. Two such decisions are the subject of pending appeals. A third recent...more