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CBCA Debt Restructuring

Blake, Cassels & Graydon LLP

Concordia International Corp.’s Canada Business Corporations Act Proceedings Explained

The recent restructuring proceedings of Concordia International Corp. (Concordia) demonstrate that the arrangement provisions of the Canada Business Corporations Act (CBCA) remain as a powerful tool for balance sheet...more

Bennett Jones LLP

Important Restrictions Placed on use of CBCA for Debt Restructurings

Bennett Jones LLP on

In a recent unreported decision denying approval of a plan of arrangement under the Canada Business Corporations Act (CBCA) proposed by Connacher Oil and Gas Limited, Justice C.M. Jones of the Alberta Court of Queen's Bench...more

Blake, Cassels & Graydon LLP

Plans of Arrangement under CBCA: Lessons from Connacher Oil

In early 2015, 9171665 Canada Ltd. and Connacher Oil and Gas Ltd. (together Connacher) applied to the Alberta Court of Queen's Bench (Court) for a final order pursuant to section 192 of the Canada Business Corporations Act...more

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